Troy Companies, LLCbenefits

Troy Companies, LLC's benefits plans covered 562 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $4,457,923. Insurance brokers and agents were paid $591,766 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.3% of premiums. That is $1,053 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 32% from $447,302 in 2023.