Ritsema Associatesbenefits

Ritsema Associates's benefits plan covered 140 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,089,454. Insurance brokers and agents were paid $66,296 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.1% of premiums. That is $474 per covered person, in the top quarter of employer plans that report broker pay.