Food Sciences Corporationbenefits

Food Sciences Corporation's benefits plans covered 85 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $852,152. Insurance brokers and agents were paid $5,882 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.7% of premiums. That is $69 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 84% from $35,945 in 2023.