Hoover Circular Solutionsbenefits

Hoover Circular Solutions's benefits plans covered 109 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,160,418. Insurance brokers and agents were paid $103,619 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.9% of premiums. That is $951 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 4.0x the $26,147 reported for 2024.