Southwest Electrical Contracting Servicesbenefits

Southwest Electrical Contracting Services's benefits plans covered 385 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,390,639. Insurance brokers and agents were paid $206,729 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.6% of premiums. That is $537 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 2.0% from $210,904 in 2023.