Ferndale Pharma Group, Inc.benefits

Ferndale Pharma Group, Inc.'s benefits plans covered 168 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,184,296. Insurance brokers and agents were paid $105,314 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.8% of premiums. That is $627 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 16% from $91,084 in 2023.