Reddy Electric Companybenefits

Reddy Electric Company's benefits plan covered 103 active participants in 2024, providing health · life · dental · vision · other. Insurance premiums totaled $17,585. Insurance brokers and agents were paid $10,085 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 57.4% of premiums. That is $98 per covered person, below the median for employer plans that report broker pay.