The Neenan Company, Lllpbenefits

The Neenan Company, Lllp's benefits plans covered 81 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $50,510. Insurance brokers and agents were paid $8,222 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.3% of premiums. That is $102 per covered person, below the median for employer plans that report broker pay. Brokers were paid 11.2x the $731 reported for 2023.