Formfactor, Inc.benefits

Formfactor, Inc.'s benefits plans covered 1,469 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $10,790,717. Insurance brokers and agents were paid $78,681 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 $54 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 37% from $124,306 in 2023.