Ruiz Food Products, Inc.benefits

Ruiz Food Products, Inc.'s benefits plans covered 4,469 active participants in 2024, providing other · dental · health · long-term disability · life · short-term disability · vision. Insurance premiums totaled $10,791,815. Insurance brokers and agents were paid $836,086 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.7% of premiums. That is $187 per covered person, below the median for employer plans that report broker pay. Broker pay rose 7.3% from $779,249 in 2023.