Standard Furniture Manufacturing Co., LLCbenefits

Standard Furniture Manufacturing Co., LLC's benefits plans covered 642 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,263,339. Insurance brokers and agents were paid $85,972 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.6% of premiums. That is $134 per covered person, below the median for employer plans that report broker pay. Broker pay fell 25% from $114,660 in 2023.