Txnm Energy, Inc.benefits

Txnm Energy, Inc.'s benefits plans covered 1,695 active participants in 2024, providing health · dental · vision · other. Insurance premiums totaled $505,920. Insurance brokers and agents were paid $87,774 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.3% of premiums. That is $52 per covered person, in the bottom quarter of employer plans that report broker pay.