Hines Corporationbenefits
Hines Corporation Employee Benefit Plan · SPRING LAKE, MI · plan year 2024
Hines Corporation's benefits plans covered 245 active participants in 2024, providing health · life · dental · death benefits · short-term disability · long-term disability · vision. Insurance premiums totaled $3,541,526. Insurance brokers and agents were paid $131,352 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.7% of premiums. That is $536 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 11% from $147,645 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382743320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.