J.R. Simplot Companybenefits

J.R. Simplot Company's benefits plans covered 8,997 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $8,828,478. Insurance brokers and agents were paid $24,889 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.3% of premiums. That is $3 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 0.8% from $25,086 in 2023.