Shearer's Foods, LLCbenefits

Shearer's Foods, LLC's benefits plans covered 2,323 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,303,504. Insurance brokers and agents were paid $201,459 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.5% of premiums. That is $87 per covered person, below the median for employer plans that report broker pay. Broker pay rose 27% from $158,918 in 2023.