Fasteners Inc. Southwestern Supplybenefits

Fasteners Inc. Southwestern Supply's benefits plans covered 142 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $192,250. Insurance brokers and agents were paid $29,681 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.4% of premiums. That is $209 per covered person, above the median for employer plans that report broker pay. Broker pay rose 45% from $20,507 in 2023.