Hormel Foods Corporationbenefits

Hormel Foods Corporation's benefits plans covered 16,947 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $653,889 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $39 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 3.2x the $202,467 reported for 2023.