Simmons Foods Incbenefits

Simmons Foods Inc's benefits plans covered 8,334 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,949,374. Insurance brokers and agents were paid $1,961,004 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 66.5% of premiums. That is $235 per covered person, above the median for employer plans that report broker pay. Broker pay rose 21% from $1,627,000 in 2023.