Watkins Benefits, LLCbenefits
Health Benefits Plan for Employees of Watkins Benefits, LLC · MISSOULA, MT · plan year 2024
Broker compensation reported · 2024
$63,764
Watkins Benefits, LLC's benefits plans covered 327 active participants in 2024, providing health · life · dental. Insurance premiums totaled $783,821. Insurance brokers and agents were paid $63,764 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.1% of premiums. That is $195 per covered person, above the median for employer plans that report broker pay. Broker pay rose 26% from $50,562 in 2023.
Insurance contracts · 20242
THE NORTH RIVER INSURANCE COMPANY · stop-loss$784K · 327 covered
SYMETRA LIFE INSURANCE COMPANY · lifepremiums n/a · 327 covered
Brokers & agents paid · 20242
ALLEGIANCE BENEFIT PLAN MANAGEMENT$62,603
INTERMOUNTAIN UNDERWRITERS, INC.$1,161 · incl $174 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 461613389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.