Regency Electric Company Inc.benefits

Regency Electric Company Inc.'s benefits plan covered 113 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $399,330. Insurance brokers and agents were paid $36,476 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.1% of premiums. That is $323 per covered person, above the median for employer plans that report broker pay.