Faac International, Incbenefits

Faac International, Inc's benefits plan covered 325 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $39,302. Insurance brokers and agents were paid $286,745 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 729.6% of premiums. That is $882 per covered person, in the top 10% of employer plans that report broker pay.