Elford, Inc.benefits

Elford, Inc.'s benefits plans covered 284 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $139,003. Insurance brokers and agents were paid $60,550 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 43.6% of premiums. That is $213 per covered person, above the median for employer plans that report broker pay. Broker pay rose 10% from $54,831 in 2023.