Zotec Partners, LLCbenefits

Zotec Partners, LLC's benefits plans covered 800 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $723,306. Insurance brokers and agents were paid $168,230 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 23.3% of premiums. That is $210 per covered person, above the median for employer plans that report broker pay. Broker pay fell 37% from $265,635 in 2023.