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AGENCIES WITH REVENUES BETWEEN $500,000 AND $1,250,000
EXECUTIVE
PERSPECTIVES
PROFILE
REVENUES/
EXPENSES
FINANCIAL
STABILITY
EMPLOYEE
OVERVIEW
PRODUCER
INFO
SERVICE
STAFF
INFO
TECHNOLOGY
INSURANCE
CARRIERS
APPENDIX
43
EMPLOYEE OVERVIEW
A.
Employee Statistics
Productivity
B.
Benefits Provided to Agency Employees
Average
+25%
Profit
+25%
Growth
Total Number of Employees*
7.7
7.3
8.2
Revenue per Employee
$123,508 $119,362 $111,328
Compensation per Employee
$68,435
$56,599 $66,226
Spread per Employee
$55,073
$62,763 $45,103
*Full-time Equivalents
Average
+25% Profit
+25% Growth
Revenue per
Employee
Compensation
per Employee
Spread per
Employee
$200,000
$150,000
$100,000
$50,000
"We have a saying, 'Work with the Best in the Business'. This means working with the best
employees, working with the best insurers and only working with the best business people."
Fully Paid
by Agency
Partially Paid
by Agency
Fully Paid by
Employee
Benefit Not
Provided
1
2
3
4
Accident & Health Insurance (Employees)
69.0% 24.1% 0.0% 6.9%
If answer is “2”, $ amount paid/mo by employee
$111
Accident & Health Insurance (Dependent)
13.8% 17.2% 51.7% 17.2%
If answer is “2”, $ amount paid/mo by employee
$186
Dental Coverage
20.7% 10.3% 6.9% 62.1%
Group Life Insurance
71.4% 0.0% 3.6% 25.0%
Long Term Disability
57.1% 0.0% 3.6% 39.3%
Short Term Disability
26.9% 0.0% 0.0% 73.1%
Pension Plan
41.4% 24.1% 0.0% 34.5%
Profit Sharing
39.3% 3.6% 0.0% 57.1%
ESOP
0.0% 0.0% 0.0% 100.0%
401(k)
11.1% 29.6% 0.0% 59.3%
125 Cafeteria Plan
15.4% 3.8% 19.2% 61.5%