Richwood Industries Incbenefits
Richwood Industries Inc Welfare Benefit Plan · HUNTINGTON, WV · plan year 2024
Broker compensation reported · 2024
$93,564
Richwood Industries Inc's benefits plans covered 256 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $93,564 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $365 per covered person, above the median for employer plans that report broker pay. Brokers were paid 6.6x the $14,265 reported for 2023.
Insurance contracts · 20242
HIGHMARK BLUE CROSS BLUE SHIELD WEST VIRGINIA · healthpremiums n/a · 201 covered
GUARDIAN · dental vision ltdpremiums n/a · 256 covered
Brokers & agents paid · 20242
ROBERT BOOTH$78,588
ALLMAN INSURANCE SERVICES, INC$14,976
Also brokered by Robert Booth1
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 550569466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.