Fossil, Inc.benefits

Fossil, Inc.'s benefits plans covered 1,223 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $18,137. Insurance brokers and agents were paid $108,703 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 599.3% of premiums. That is $89 per covered person, below the median for employer plans that report broker pay. Broker pay rose 15% from $94,580 in 2023.