Franklin Precision Industry, Inc.benefits

Franklin Precision Industry, Inc.'s benefits plans covered 377 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $201,315. Insurance brokers and agents were paid $88,989 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 44.2% of premiums. That is $236 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.9% from $86,470 in 2024.