University of Richmondbenefits

University of Richmond's benefits plans covered 1,792 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $876,819. Insurance brokers and agents were paid $59,214 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.8% of premiums. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 36% from $92,217 in 2024.