Hanania Automotive Management Corp.benefits

Hanania Automotive Management Corp.'s benefits plans covered 720 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,425,754. Insurance brokers and agents were paid $217,720 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $302 per covered person, above the median for employer plans that report broker pay. Broker pay rose 61% from $135,589 in 2023.