H&W Electrical Corporationbenefits

H&W Electrical Corporation's benefits plans covered 123 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,042,632. Insurance brokers and agents were paid $68,492 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.6% of premiums. That is $557 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 9.5% from $75,643 in 2023.