The Harris Farms Inc. Employee Benefit Planbenefits

The Harris Farms Inc. Employee Benefit Plan's benefits plan covered 242 active participants in 2023, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $137,737. Insurance brokers and agents were paid $12,495 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.1% of premiums. That is $52 per covered person, in the bottom quarter of employer plans that report broker pay.