Arcimoto, Incbenefits

Arcimoto, Inc's benefits plan covered 53 active participants in 2023, providing health · dental · vision. Insurance premiums totaled $20,613. Insurance brokers and agents were paid $29,629 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 143.7% of premiums. That is $559 per covered person, in the top quarter of employer plans that report broker pay.