Hanwha Advanced Materials America, LLCbenefits
Hanwha Advanced Materials America, LLC Welfare · OPELIKA, AL · plan year 2024
Hanwha Advanced Materials America, LLC's benefits plans covered 480 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $593,372. Insurance brokers and agents were paid $243,947 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.1% of premiums. That is $508 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 7.5% from $226,925 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 260779231 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.