Teague Electric Construction, Inc.benefits

Teague Electric Construction, Inc.'s benefits plans covered 144 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $132,690. Insurance brokers and agents were paid $24,328 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.3% of premiums. That is $169 per covered person, below the median for employer plans that report broker pay. Broker pay rose 47% from $16,572 in 2023.