Fleming Electric, Inc.benefits

Fleming Electric, Inc.'s benefits plans covered 119 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $90,140. Insurance brokers and agents were paid $31,845 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.3% of premiums. That is $268 per covered person, above the median for employer plans that report broker pay. Broker pay rose 11% from $28,745 in 2023.