Redline Equipment Cobenefits

Redline Equipment Co's benefits plans covered 183 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $66,099. Insurance brokers and agents were paid $70,281 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 106.3% of premiums. That is $384 per covered person, above the median for employer plans that report broker pay. Broker pay fell 24% from $92,304 in 2023.