Futuramic Tool & Engineering Co.benefits

Futuramic Tool & Engineering Co.'s benefits plans covered 210 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $150,404. Insurance brokers and agents were paid $92,198 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 61.3% of premiums. That is $439 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 14% from $107,238 in 2023.