Food Management Investors, Inc.benefits

Food Management Investors, Inc.'s benefits plans covered 537 active participants in 2024, providing life · short-term disability · long-term disability. Insurance premiums totaled $174,827. Insurance brokers and agents were paid $55,072 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 31.5% of premiums. That is $103 per covered person, below the median for employer plans that report broker pay. Broker pay rose 8.8% from $50,606 in 2023.