Hafele America Co.benefits

Hafele America Co.'s benefits plans covered 492 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $351,835. Insurance brokers and agents were paid $461,398 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 131.1% of premiums. That is $938 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 15% from $401,130 in 2023.