Renfrow Industrialbenefits

Renfrow Industrial's benefits plans covered 156 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,780,905. Insurance brokers and agents were paid $137,678 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.7% of premiums. That is $883 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 9.0% from $151,229 in 2023.