Fundamental Administrative Services, LLCbenefits

Fundamental Administrative Services, LLC's benefits plans covered 5,447 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $237,657. Insurance brokers and agents were paid $421,127 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 177.2% of premiums. That is $77 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.8% from $428,632 in 2023.