First Piedmont Corporation & Affiliatesbenefits

First Piedmont Corporation & Affiliates's benefits plans covered 278 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $160,885. Insurance brokers and agents were paid $21,742 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.5% of premiums. That is $78 per covered person, below the median for employer plans that report broker pay. Broker pay fell 16% from $25,976 in 2023.