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2007 Best Practices Study | Agencies with Revenues Between $2,500,000 and $5,000,000 | Employee Overview
Appendix
Insurance
Carriers
Technology
Service
Staff Info
Producer
Info
Employee
Overview
Financial
Stability
Revenues/
Expenses
Executive
Perspectives
Profile
Agencies with Revenues Between $2,500,000 and $5,000,000
Productivity
1
—Fully paid by agency
2
—Partially paid by agency
3
—Fully paid by employee
4
—Benefit not provided
Average +25% Profit
+25% Growth
Revenue per
Employee
$0
$50,000
$100,000
$150,000
$250,000
Profit
Growth
Compensation per
Employee
Spread per
Employee
Average
+25% Profit
+25% Growth
Total Number of Employees (FTE)
25.4
22.2
23.4
Revenue Per Employee
$160,979
$173,684
$198,865
Compensation Per Employee
$88,758
$84,236
$100,045
Spread Per Employee
$72,220
$89,448
$98,820
1
2
3
4
Benefits Provided to Employees (% Responding to 1/2/3/4)
Accident & Health Insurance (Employee)
53.3% 43.3% 0.0% 3.3%
If answer is 2, $ amount pd/mo. by employee
$109
Accident & Health Insurance (Dependent)
3.4% 34.5% 58.6% 3.4%
If answer is 2, $ amount pd/mo. by employee
$342
Dental Coverage
20.0% 16.7% 30.0% 33.3%
Group Life Insurance
73.3% 10.0% 10.0% 6.7%
Long Term Disability
66.7% 0.0% 20.0% 13.3%
Short Term Disability
40.0% 3.3% 30.0% 26.7%
Pension Plan
13.3% 3.3% 0.0% 83.3%
Profit Sharing
26.7% 3.3% 0.0% 70.0%
ESOP
3.3% 0.0% 0.0% 96.7%
401 (k)
30.0% 60.0% 3.3% 6.7%
125/Cafeteria Plan
40.0% 3.3% 40.0% 16.7%
Health Savings Accounts (HSA)
0.0% 0.0% 0.0% 0.0%
$200,000