Trott Law PCbenefits
Trott Law PC · FARMINGTON HILLS, MI · plan year 2024
Trott Law PC's benefits plans covered 97 active participants in 2024, providing health · life · vision · short-term disability · long-term disability · dental. Insurance premiums totaled $1,123,340. Insurance brokers and agents were paid $382,778 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 34.1% of premiums. That is $3,946 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 8.4x the $45,502 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382482861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.