Oakes Farms, Incbenefits

Oakes Farms, Inc's benefits plans covered 77 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,197,738. Insurance brokers and agents were paid $83,647 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.0% of premiums. That is $1,086 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 40% from $140,166 in 2023.