Giorgio Foods, Inc.benefits

Giorgio Foods, Inc.'s benefits plans covered 1,833 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $145,911. Insurance brokers and agents were paid $289,458 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 198.4% of premiums. That is $158 per covered person, below the median for employer plans that report broker pay. Broker pay rose 16% from $250,301 in 2023.