R. F. Fager Companybenefits

R. F. Fager Company's benefits plans covered 140 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $75,752. Insurance brokers and agents were paid $8,041 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.6% of premiums. That is $57 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 9.7% from $7,333 in 2023.