Feldmeier Equipment, Inc.benefits

Feldmeier Equipment, Inc.'s benefits plans covered 392 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,498,943. Insurance brokers and agents were paid $184,954 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.3% of premiums. That is $472 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 29% from $143,808 in 2023.