Frank Lumber Co., Inc.benefits

Frank Lumber Co., Inc.'s benefits plans covered 137 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · vision. Insurance premiums totaled $112,506. Insurance brokers and agents were paid $68,575 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 61.0% of premiums. That is $501 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 17% from $58,739 in 2023.