Afco Industries Incbenefits

Afco Industries Inc's benefits plans covered 229 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $3,060,386. Insurance brokers and agents were paid $94,224 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $411 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.7% from $91,714 in 2023.