Fred Beans Holdings, Inc.benefits

Fred Beans Holdings, Inc.'s benefits plans covered 1,246 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $56,885. Insurance brokers and agents were paid $183,656 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 322.9% of premiums. That is $147 per covered person, below the median for employer plans that report broker pay. Broker pay fell 34% from $277,023 in 2023.