Franklin Collegebenefits

Franklin College's benefits plans covered 225 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $119,695. Insurance brokers and agents were paid $89,995 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 75.2% of premiums. That is $400 per covered person, above the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2024.