Elliott Electrical, Inc.benefits

Elliott Electrical, Inc.'s benefits plans covered 140 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $54,737. Insurance brokers and agents were paid $64,222 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 117.3% of premiums. That is $459 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 114% from $30,003 in 2023.