Rk Electric, Inc.benefits

Rk Electric, Inc.'s benefits plans covered 140 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $295,262. Insurance brokers and agents were paid $117,361 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 39.7% of premiums. That is $838 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 27% from $159,698 in 2023.