Phillips Manufacturing Co.benefits

Phillips Manufacturing Co.'s benefits plans covered 272 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $18,788 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $69 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 14% from $16,500 in 2024.