Residential Opportunities, Inc.benefits

Residential Opportunities, Inc.'s benefits plans covered 298 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $1,674,730. Insurance brokers and agents were paid $94,183 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.6% of premiums. That is $316 per covered person, above the median for employer plans that report broker pay. Broker pay rose 47% from $64,049 in 2023.