Rinchem Company LLCbenefits

Rinchem Company LLC's benefits plans covered 541 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $205,767. Insurance brokers and agents were paid $410 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.2% of premiums. That is $1 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 97% from $14,868 in 2023.