H&M Fashion USA, Inc.benefits
H&M Fashion USA, Inc. Welfare Benefit Program · NEW YORK, NY · plan year 2024
H&M Fashion USA, Inc.'s benefits plans covered 5,492 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $135,390. Insurance brokers and agents were paid $326,261 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 241.0% of premiums. That is $59 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 161% from $125,197 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 931778981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.