The Trustees of the Lawrence Academy at Grotonbenefits

The Trustees of the Lawrence Academy at Groton's benefits plans covered 121 active participants in 2024, providing life · short-term disability · long-term disability. Insurance premiums totaled $48,431. Insurance brokers and agents were paid $6,538 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.5% of premiums. That is $54 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 38% from $10,535 in 2023.