FOB1, LLC dba Ford of Boernebenefits

FOB1, LLC dba Ford of Boerne's benefits plans covered 259 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,643,951. Insurance brokers and agents were paid $134,569 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.2% of premiums. That is $520 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 3.9x the $34,247 reported for 2023.