Pnm Resources, Inc.benefits

Pnm Resources, Inc.'s benefits plans covered 1,635 active participants in 2023, providing long-term disability · death benefits. Insurance premiums totaled $515,413. Insurance brokers and agents were paid $20,655 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $13 per covered person, in the bottom quarter of employer plans that report broker pay.