Hanon Systems USA, LLCbenefits
Hanon Systems USA, LLC Health and Welfare Benefits Plan · NOVI, MI · plan year 2025
Hanon Systems USA, LLC's benefits plans covered 1,711 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $7,463,883. Insurance brokers and agents were paid $352,362 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.7% of premiums. That is $206 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.3% from $376,057 in 2024.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 611697358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.