Fareway Stores, Inc.benefits

Fareway Stores, Inc.'s benefits plans covered 2,478 active participants in 2024, providing health · life · dental · short-term disability · other. Insurance premiums totaled $27,663,771. Insurance brokers and agents were paid $103,724 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.4% of premiums. That is $42 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 29% from $146,628 in 2023.