Faust Distributing Co. Inc.benefits

Faust Distributing Co. Inc.'s benefits plans covered 365 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $879,949. Insurance brokers and agents were paid $26,488 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.0% of premiums. That is $73 per covered person, below the median for employer plans that report broker pay. Broker pay fell 5.6% from $28,064 in 2023.