Francis Manufacturing Companybenefits

Francis Manufacturing Company's benefits plans covered 118 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $49,723. Insurance brokers and agents were paid $12,253 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.6% of premiums. That is $104 per covered person, below the median for employer plans that report broker pay. Broker pay rose 11% from $11,063 in 2023.