Turner & Townsend, Inc.benefits

Turner & Townsend, Inc.'s benefits plans covered 1,677 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,089,262. Insurance brokers and agents were paid $105,626 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.7% of premiums. That is $63 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 153% from $41,779 in 2023.