The Franklin Group, Inc.benefits

The Franklin Group, Inc.'s benefits plans covered 549 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $69,049. Insurance brokers and agents were paid $40,971 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 59.3% of premiums. That is $75 per covered person, below the median for employer plans that report broker pay. Broker pay fell 27% from $55,961 in 2023.