Haworth International, LTD.benefits
Haworth Member Health and Welfare Plan · HOLLAND, MI · plan year 2024
Previously filed as Haworth International LTD. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Haworth International, LTD.'s benefits plans covered 2,722 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $367,021. Insurance brokers and agents were paid $188,586 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 51.4% of premiums. That is $69 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 30% from $269,169 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382101981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.