Wendel, LLCbenefits

Wendel, LLC's benefits plans covered 197 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $612,701. Insurance brokers and agents were paid $108,426 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.7% of premiums. That is $550 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 7.9% from $100,463 in 2023.