J.F. Allen Companybenefits

J.F. Allen Company's benefits plans covered 93 active participants in 2024, providing health · life. Insurance premiums totaled $25,911. Insurance brokers and agents were paid $4,938 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.1% of premiums. That is $53 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 59% from $12,112 in 2023.