Hassell and Hughes Lumber Companybenefits
Hassell and Hughes Flexible Benefit Plan · COLLINWOOD, TN · plan year 2024
Hassell and Hughes Lumber Company's benefits plans covered 93 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $49,441. Insurance brokers and agents were paid $55,254 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 111.8% of premiums. That is $594 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 4.7x the $11,840 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 620228798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.