Richardson Investments, Inc.benefits

Richardson Investments, Inc.'s benefits plans covered 184 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $207,427. Insurance brokers and agents were paid $397 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.2% of premiums. That is $2 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.