Florida Atlantic Iron Works, Inc.benefits

Florida Atlantic Iron Works, Inc.'s benefits plans covered 55 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $364,762. Insurance brokers and agents were paid $47,359 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.0% of premiums. That is $861 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 80% from $26,249 in 2023.