The Production Hive, LLCbenefits

The Production Hive, LLC's benefits plans covered 272 active participants in 2024, providing life · long-term disability. Insurance premiums totaled $1,472,548. Insurance brokers and agents were paid $128,630 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.7% of premiums. That is $473 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 27% from $101,582 in 2023.