Haltec Corporationbenefits

Haltec Corporation's benefits plans covered 222 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,574,918. Insurance brokers and agents were paid $127,154 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.1% of premiums. That is $573 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 13% from $112,264 in 2023.