Faac Internationalbenefits

Faac International's benefits plan covered 636 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $40,188. Insurance brokers and agents were paid $301,341 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 749.8% of premiums. That is $474 per covered person, in the top quarter of employer plans that report broker pay.