Berkeley Electric Cooperative, Inc.benefits

Berkeley Electric Cooperative, Inc.'s benefits plans covered 291 active participants in 2025, providing health · dental · vision · long-term disability · other. Insurance premiums totaled $5,449,326. Insurance brokers and agents were paid $259,277 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.8% of premiums. That is $891 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.3x the $77,416 reported for 2024.