Tribute Companies, Inc.benefits

Tribute Companies, Inc.'s benefits plans covered 155 active participants in 2024, providing health · dental · short-term disability. Insurance premiums totaled $129,906. Insurance brokers and agents were paid $105,850 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 81.5% of premiums. That is $683 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.5x the $29,865 reported for 2023.