Ridge Corporationbenefits

Ridge Corporation's benefits plans covered 265 active participants in 2024, providing life · death benefits · short-term disability · long-term disability. Insurance premiums totaled $147,916. Insurance brokers and agents were paid $23,589 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.9% of premiums. That is $89 per covered person, below the median for employer plans that report broker pay. Broker pay rose 19% from $19,754 in 2023.