Hastings Manufacturing Companybenefits

Hastings Manufacturing Company's benefits plans covered 147 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $79,208. Insurance brokers and agents were paid $71,758 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 90.6% of premiums. That is $488 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 1.5% from $72,823 in 2023.