Redw LLCbenefits

Redw LLC's benefits plans covered 275 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $202,760. Insurance brokers and agents were paid $110,368 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 54.4% of premiums. That is $401 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $90,210 in 2023.