Hatch Stamping Companybenefits

Hatch Stamping Company's benefits plans covered 613 active participants in 2024, providing life · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,380,275. Insurance brokers and agents were paid $237,688 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.2% of premiums. That is $388 per covered person, above the median for employer plans that report broker pay. Broker pay fell 25% from $315,415 in 2023.