Beaumont Electric Company, Inc.benefits

Beaumont Electric Company, Inc.'s benefits plan covered 112 active participants in 2023, providing health · life · dental · vision · death benefits. Insurance premiums totaled $377,520. Insurance brokers and agents were paid $23,831 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.3% of premiums. That is $213 per covered person, above the median for employer plans that report broker pay.