Rio Grande Pacific Corporation, Inc.benefits

Rio Grande Pacific Corporation, Inc.'s benefits plans covered 556 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,156,449. Insurance brokers and agents were paid $222,629 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.3% of premiums. That is $400 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.5% from $207,152 in 2023.