Hazen Paper Companybenefits
Hazen Paper Company Flexible Benefits Plan · HOLYOKE, MA · plan year 2024
Hazen Paper Company's benefits plans covered 243 active participants in 2024, providing health · life · dental · long-term disability · death benefits. Insurance premiums totaled $2,506,778. Insurance brokers and agents were paid $57,475 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.3% of premiums. That is $237 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.0% from $54,197 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 041429900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.