Harmonic Drive, LLCbenefits

Harmonic Drive, LLC's benefits plans covered 218 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,253,602. Insurance brokers and agents were paid $83,468 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.6% of premiums. That is $383 per covered person, above the median for employer plans that report broker pay. Broker pay fell 2.4% from $85,529 in 2023.