Hi-Tek Manufacturing, Inc.benefits

Hi-Tek Manufacturing, Inc.'s benefits plans covered 193 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $957,200. Insurance brokers and agents were paid $77,679 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.1% of premiums. That is $402 per covered person, above the median for employer plans that report broker pay. Broker pay fell 54% from $168,438 in 2024.