Peterson Farms, Inc.benefits

Peterson Farms, Inc.'s benefits plans covered 929 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $251,573. Insurance brokers and agents were paid $56,534 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 22.5% of premiums. That is $61 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 49% from $110,994 in 2023.