First Choice Holdings, Inc.benefits

First Choice Holdings, Inc.'s benefits plan covered 421 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $229,343. Insurance brokers and agents were paid $128,225 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 55.9% of premiums. That is $305 per covered person, above the median for employer plans that report broker pay.