Factory Direct Enterprises LLCbenefits

Factory Direct Enterprises LLC's benefits plans covered 468 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $124,127. Insurance brokers and agents were paid $22,511 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.1% of premiums. That is $48 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 1.3% from $22,224 in 2023.