Fayette Resources, Inc.benefits

Fayette Resources, Inc.'s benefits plans covered 482 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $157,363. Insurance brokers and agents were paid $103,675 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 65.9% of premiums. That is $215 per covered person, above the median for employer plans that report broker pay. Broker pay fell 7.2% from $111,753 in 2023.