Professional Electrical Contractors of Ct. Inc.benefits

Professional Electrical Contractors of Ct. Inc.'s benefits plans covered 298 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $591,180. Insurance brokers and agents were paid $65,560 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.1% of premiums. That is $220 per covered person, above the median for employer plans that report broker pay. Broker pay fell 38% from $106,225 in 2023.