Cupertino Electric, Inc.benefits

Cupertino Electric, Inc.'s benefits plans covered 937 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $80,180. Insurance brokers and agents were paid $109,067 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 136.0% of premiums. That is $116 per covered person, below the median for employer plans that report broker pay. Broker pay rose 113% from $51,102 in 2023.