Hooker Furniture Corporationbenefits

Hooker Furniture Corporation's benefits plans covered 913 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $543,689. Insurance brokers and agents were paid $146,219 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 26.9% of premiums. That is $160 per covered person, below the median for employer plans that report broker pay. Broker pay fell 47% from $278,291 in 2023.