Fev North Americabenefits

Fev North America's benefits plan covered 342 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,948,419. Insurance brokers and agents were paid $120,107 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.0% of premiums. That is $351 per covered person, above the median for employer plans that report broker pay.