2007 Best Practices Study
Agencies with Revenues over $25,000,000
 
   
 

 

Benefits Provided to Employees (% Responding to 1/2/3/4)
  1 2 3 4
Benefits Provided to Employees
Accident & Health Insurance (Employee)
24.0% 76.0% 0.0% 0.0%
If answer is 2, $ amount pd/mo. by employee $134  
Accident & Health Insurance (Dependent) 0.0% 84.0% 16.0% 0.0%
If answer is 2, $ amount pd/mo. by employee $272  
Dental Coverage 12.0% 56.0% 32.0% 0.0%
Group Life Insurance 80.0% 16.0% 4.0% 0.0%
Long Term Disability 72.0% 12.0% 16.0% 0.0%
Short Term Disability 68.0% 4.0% 24.0% 4.0%
Pension Plan 28.0% 4.0% 0.0% 68.0%
Profit Sharing 24.0% 4.0% 0.0% 72.0%
ESOP 36.0% 0.0% 0.0% 64.0%
401 (k) 8.0% 80.0% 8.0% 4.0%
125/Cafeteria Plan 12.5% 12.5% 50.0% 25.0%
Health Savings Accounts (HSA) 0.0% 0.0% 0.0% 0.0%

1 – Fully paid by agency
2 – Partially paid by agency
3 – Fully paid by employee
4 – Benefit not provided

 

 
     
  ©2007 by the Independent Insurance Agents & Brokers of America and Reagan Consulting. All Rights Reserved.