Rea & Associates, Inc.benefits

Rea & Associates, Inc.'s benefits plans covered 414 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $261,665. Insurance brokers and agents were paid $28,441 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.9% of premiums. That is $69 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 5.9% from $30,225 in 2023.