Pepsi-Cola Bottling Company of Hickory, N.C., Inc.benefits

Pepsi-Cola Bottling Company of Hickory, N.C., Inc.'s benefits plans covered 346 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $124,362. Insurance brokers and agents were paid $184,429 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 148.3% of premiums. That is $533 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 3.3x the $55,443 reported for 2023.