The Wise Company, LLCbenefits

The Wise Company, LLC's benefits plans covered 199 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $48,245. Insurance brokers and agents were paid $121,199 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 251.2% of premiums. That is $609 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 6.1% from $114,217 in 2023.