Rinchem Company LLCbenefits
Rinchem Company, LLC and Affiliates Group Benefits Plan · ALBUQUERQUE, NM · plan year 2024
Rinchem Company LLC's benefits plan covered 447 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $345,954. Insurance brokers and agents were paid $13,802 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $31 per covered person, in the bottom quarter of employer plans that report broker pay.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 874781493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.