Highway Safety Devices, Inc.benefits

Highway Safety Devices, Inc.'s benefits plan covered 171 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $713,662. Insurance brokers and agents were paid $51,740 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.2% of premiums. That is $303 per covered person, above the median for employer plans that report broker pay.