Father Bills & Mainspring, Inc.benefits

Father Bills & Mainspring, Inc.'s benefits plans covered 260 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $4,688,542. Insurance brokers and agents were paid $136,082 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $523 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 94% from $70,121 in 2023.