Fastener Industries, Inc.benefits

Fastener Industries, Inc.'s benefits plans covered 208 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $4,366,206. Insurance brokers and agents were paid $177,232 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.1% of premiums. That is $852 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 3.3% from $171,561 in 2023.