Foundation Properties Corporationbenefits

Foundation Properties Corporation's benefits plans covered 265 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,251,080. Insurance brokers and agents were paid $289,853 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.9% of premiums. That is $1,094 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 10.7x the $26,998 reported for 2023.