H. M. Richards, Inc.benefits

H. M. Richards, Inc.'s benefits plans covered 1,214 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $127,637 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $105 per covered person, below the median for employer plans that report broker pay. Broker pay fell 30% from $181,412 in 2023.