Hawaiian Electric Industries, Inc.benefits

Hawaiian Electric Industries, Inc.'s benefits plans covered 2,575 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $2,126,885. Insurance brokers and agents were paid $145,599 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.8% of premiums. That is $57 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 7.9% from $158,095 in 2023.