Hino Motors Sales U.S.A., Inc.benefits
Hino Trucks Employee Benefit Plan · NOVI, MI · plan year 2024
Hino Motors Sales U.S.A., Inc.'s benefits plans covered 135 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,835,992. Insurance brokers and agents were paid $106,708 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $790 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 142% from $44,150 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 061119075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.