Elliott Electric Supply, Inc.benefits

Elliott Electric Supply, Inc.'s benefits plans covered 2,700 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $18,478,166. Insurance brokers and agents were paid $662,131 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $245 per covered person, above the median for employer plans that report broker pay. Broker pay rose 45% from $456,824 in 2023.