American Food Equipment Companybenefits

American Food Equipment Company's benefits plans covered 135 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $578,664. Insurance brokers and agents were paid $24,716 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $183 per covered person, below the median for employer plans that report broker pay. Broker pay fell 56% from $56,231 in 2023.