Precision Fabricating & Cleaning, Inc.benefits

Precision Fabricating & Cleaning, Inc.'s benefits plans covered 231 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,240,704. Insurance brokers and agents were paid $146,752 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.8% of premiums. That is $635 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 59% from $92,122 in 2023.