Ecological Fibers, Inc.benefits

Ecological Fibers, Inc.'s benefits plans covered 153 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $1,839,362. Insurance brokers and agents were paid $65,064 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.5% of premiums. That is $425 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.9% from $69,902 in 2023.