Festo Corporationbenefits

Festo Corporation's benefits plans covered 908 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $236,140 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $260 per covered person, above the median for employer plans that report broker pay. Brokers were paid 7.6x the $30,898 reported for 2023.