The Vertex Companies, LLCbenefits

The Vertex Companies, LLC's benefits plans covered 549 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $578,409. Insurance brokers and agents were paid $61,074 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.6% of premiums. That is $111 per covered person, below the median for employer plans that report broker pay. Broker pay fell 56% from $138,545 in 2023.