Ken's Foods, Inc.benefits

Ken's Foods, Inc.'s benefits plans covered 1,629 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $22,922,264. Insurance brokers and agents were paid $697,972 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.0% of premiums. That is $428 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 32% from $529,816 in 2023.