Virtus Investment Partners, Inc.benefits

Virtus Investment Partners, Inc.'s benefits plans covered 782 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $727,529. Insurance brokers and agents were paid $54,590 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.5% of premiums. That is $70 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 22% from $44,645 in 2023.