Hexarmor, Limited Partnershipbenefits
Hexarmor, Limited Partnership's Group Insurance Plan · GRAND RAPIDS, MI · plan year 2024
Hexarmor, Limited Partnership's benefits plans covered 263 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $137,834. Insurance brokers and agents were paid $31,934 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 23.2% of premiums. That is $121 per covered person, below the median for employer plans that report broker pay. Broker pay rose 26% from $25,429 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 061643244 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.