Fairbanks Scales Inc.benefits

Fairbanks Scales Inc.'s benefits plans covered 470 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $44,849. Insurance brokers and agents were paid $67,771 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 151.1% of premiums. That is $144 per covered person, below the median for employer plans that report broker pay. Broker pay fell 3.8% from $70,426 in 2023.