Fabuwood Cabinetry Corp.benefits

Fabuwood Cabinetry Corp.'s benefits plans covered 294 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $22,234. Insurance brokers and agents were paid $268,339 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1206.9% of premiums. That is $913 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 12% from $239,771 in 2023.