Electricom, LLCbenefits

Electricom, LLC's benefits plans covered 426 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $202,687. Insurance brokers and agents were paid $26,891 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.3% of premiums. That is $63 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 7.4x the $3,626 reported for 2023.