Reinders, Inc.benefits

Reinders, Inc.'s benefits plans covered 251 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $158,803. Insurance brokers and agents were paid $96,151 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 60.5% of premiums. That is $383 per covered person, above the median for employer plans that report broker pay. Broker pay rose 193% from $32,836 in 2023.