Formel D USA, Inc.benefits

Formel D USA, Inc.'s benefits plans covered 224 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,078,143. Insurance brokers and agents were paid $74,895 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.9% of premiums. That is $334 per covered person, above the median for employer plans that report broker pay. Broker pay fell 20% from $93,152 in 2024.