Arch Electric, Inc.benefits

Arch Electric, Inc.'s benefits plan covered 160 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $29,295. Insurance brokers and agents were paid $80,531 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 274.9% of premiums. That is $503 per covered person, in the top quarter of employer plans that report broker pay.