Vaco Holdings, LLCbenefits

Vaco Holdings, LLC's benefits plans covered 2,853 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,983,837. Insurance brokers and agents were paid $901,304 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 45.4% of premiums. That is $316 per covered person, above the median for employer plans that report broker pay. Broker pay fell 16% from $1,074,665 in 2023.