Freedom Industries, Inc.benefits
Freedom Industries, Inc. Employee Benefits Plan · ROCKY MOUNT, NC · plan year 2024
Freedom Industries, Inc.'s benefits plans covered 173 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $168,704. Insurance brokers and agents were paid $23,126 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.7% of premiums. That is $134 per covered person, below the median for employer plans that report broker pay. Broker pay fell 26% from $31,181 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 200450529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.