Dairy Farmers of America, Inc.benefits

Dairy Farmers of America, Inc.'s benefits plans covered 14,321 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,797,513. Insurance brokers and agents were paid $1,030,307 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 57.3% of premiums. That is $72 per covered person, below the median for employer plans that report broker pay. Broker pay fell 11% from $1,154,778 in 2023.