Ridgeview Industries, Inc.benefits

Ridgeview Industries, Inc.'s benefits plans covered 430 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,670,010. Insurance brokers and agents were paid $29,086 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.7% of premiums. That is $68 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 6.2% from $27,399 in 2023.