Chinchor Electric Inc.benefits

Chinchor Electric Inc.'s benefits plans covered 256 active participants in 2025, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $2,992,578. Insurance brokers and agents were paid $181,608 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.1% of premiums. That is $709 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 109% from $86,836 in 2024.