Hankins Incbenefits
Hankins, Inc. Employee Benefits Plan · RIPLEY, MS · plan year 2025
Previously filed as Hankins, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Hankins Inc's benefits plans covered 127 active participants in 2025, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $1,003,316. Insurance brokers and agents were paid $51,684 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $407 per covered person, above the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 640765827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.