Richey, May & Co. LLPbenefits

Richey, May & Co. LLP's benefits plan covered 196 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $8,850. Insurance brokers and agents were paid $29,825 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 337.0% of premiums. That is $152 per covered person, below the median for employer plans that report broker pay.