Fabsouth LLCbenefits

Fabsouth LLC's benefits plans covered 1,498 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $919,964. Insurance brokers and agents were paid $79,153 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.6% of premiums. That is $53 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 8.0% from $85,994 in 2023.