Farmers Union Industries, LLC Central Bi-Productsbenefits

Farmers Union Industries, LLC Central Bi-Products's benefits plan covered 497 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $372,174. Insurance brokers and agents were paid $33,361 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.0% of premiums. That is $67 per covered person, in the bottom quarter of employer plans that report broker pay.