Ferrero USA Inc.benefits

Ferrero USA Inc.'s benefits plans covered 3,780 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $316,455. Insurance brokers and agents were paid $1,049,424 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 331.6% of premiums. That is $278 per covered person, above the median for employer plans that report broker pay. Broker pay rose 113% from $491,647 in 2023.