168 / 191
2010 Best
Practices Study
Agencies
with Revenues
Over $25,000,000
168
Analysis of Agencies with Revenues Over $25,000,000
Mgmt. Perspectives
Profile
Revenues
Expenses
Profitability
Employee Overview
Producer Info
Staff Service Info
Technology
Insurance Carriers
Appendix
Average
+25% Profit
+25% Growth
Total Number of Employees (FTE)
312.4
404.3
220.4
Revenue Per Employee
$183,340
$188,867
$182,913
Compensation Per Employee
$119,941
$114,128
$125,168
Spread Per Employee
$63,400
$74,739
$57,744
Fully
Paid By
Agency
Partially
Paid By
Agency
Fully
Paid By
Employee
Benefit
Not
Provided
Benefits Provided to Agency Employees (% Responding )
Accident & Health Insurance (Employee)
5.3% 94.7% 0.0% 0.0%
If answer is 2, % paid/month by employee
36.8%
Accident & Health Insurance (Dependent)
0.0% 94.7% 5.3% 0.0%
If answer is 2, % paid/month by employee
34.1%
Dental Coverage
0.0% 73.7% 26.3% 0.0%
Group Life Insurance
94.7% 5.3% 0.0% 0.0%
Long Term Disability
84.2% 0.0% 15.8% 0.0%
Short Term Disability
89.5% 5.3% 0.0% 5.3%
Pension Plan
12.5% 0.0% 0.0% 87.5%
Profit Sharing
55.6% 0.0% 0.0% 44.4%
ESOP
26.7% 0.0% 0.0% 73.3%
401 (k)
10.5% 73.7% 10.5% 5.3%
125/Cafeteria Plan
11.8% 11.8% 70.6% 5.9%
Health Savings Accounts (HSA, HRA, HDHP)
5.9% 58.8% 5.9% 29.4%
Employee Productivity