Futaba Corporation of Americabenefits

Futaba Corporation of America's benefits plans covered 80 active participants in 2024, providing health · life · vision · other · dental. Insurance premiums totaled $1,204,415. Insurance brokers and agents were paid $34,191 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.8% of premiums. That is $427 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 3.9x the $8,793 reported for 2023.