The Seed Foundationbenefits

The Seed Foundation's benefits plans covered 340 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $26,205. Insurance brokers and agents were paid $142,680 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 544.5% of premiums. That is $420 per covered person, above the median for employer plans that report broker pay. Broker pay fell 14% from $166,682 in 2023.