Trachte, LLCbenefits

Trachte, LLC's benefits plans covered 610 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $228,682. Insurance brokers and agents were paid $217,227 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 95.0% of premiums. That is $356 per covered person, above the median for employer plans that report broker pay. Brokers were paid 5.8x the $37,368 reported for 2023.