J.A. Riggs Tractor Companybenefits

J.A. Riggs Tractor Company's benefits plans covered 582 active participants in 2025, providing life · vision · short-term disability · long-term disability · death benefits · health · dental. Insurance premiums totaled $338,692. Insurance brokers and agents were paid $124,944 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 36.9% of premiums. That is $215 per covered person, above the median for employer plans that report broker pay. Broker pay rose 29% from $97,062 in 2024.