Paradise Foods, Inc. Cafeteria Planbenefits

Paradise Foods, Inc. Cafeteria Plan's benefits plans covered 291 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $2,029,281. Insurance brokers and agents were paid $151,328 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.5% of premiums. That is $520 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 15% from $177,799 in 2023.