Riceland Foods, Inc.benefits

Riceland Foods, Inc.'s benefits plans covered 1,711 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $642,506. Insurance brokers and agents were paid $525,397 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 81.8% of premiums. That is $307 per covered person, above the median for employer plans that report broker pay. Broker pay rose 15% from $455,568 in 2023.