Creative Foam Corporationbenefits

Creative Foam Corporation's benefits plans covered 1,288 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $658,881. Insurance brokers and agents were paid $340,908 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 51.7% of premiums. That is $265 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.9% from $325,102 in 2023.