North Alabama Fabricating Company, Inc.benefits

North Alabama Fabricating Company, Inc.'s benefits plans covered 388 active participants in 2024, providing vision. Insurance premiums totaled $101,188. Insurance brokers and agents were paid $53,353 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 52.7% of premiums. That is $138 per covered person, below the median for employer plans that report broker pay. Broker pay rose 15% from $46,353 in 2023.