Forney Industries, Inc.benefits

Forney Industries, Inc.'s benefits plans covered 233 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $60,094. Insurance brokers and agents were paid $20,329 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 33.8% of premiums. That is $87 per covered person, below the median for employer plans that report broker pay. Broker pay rose 9.0% from $18,650 in 2023.