Newly Weds Foods, Inc.benefits

Newly Weds Foods, Inc.'s benefits plan covered 2,725 active participants in 2023, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $3,622,219. Insurance brokers and agents were paid $307,958 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.5% of premiums. That is $113 per covered person, below the median for employer plans that report broker pay.