Fiber Industries, LLCbenefits

Fiber Industries, LLC's benefits plan covered 32 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $914,735. Insurance brokers and agents were paid $82,476 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.0% of premiums. That is $2,577 per covered person, in the top 10% of employer plans that report broker pay.