Fellowes, Inc.benefits

Fellowes, Inc.'s benefits plans covered 669 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $464,802. Insurance brokers and agents were paid $20,122 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $30 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 26% from $27,213 in 2023.