Plan Ledger DOL Form 5500 · updated monthly

Hti Cybernetics Inc.benefits

Hti Cybernetics, Inc. · STERLING HEIGHTS, MI · plan year 2024

Broker compensation reported · 2024
$179,965

Hti Cybernetics Inc.'s benefits plans covered 139 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,439,419. Insurance brokers and agents were paid $179,965 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $1,295 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 85% from $97,464 in 2023.

Insurance contracts · 20246
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug dental vision ppo$1.0M · 216 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug dental vision ppo$884K · 266 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$713K · 103 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$684K · 123 covered
STANDARD INSURANCE COMPANY · life std ltd$147K · 125 covered
DEARBORN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 139 covered
Brokers & agents paid · 20245
JOSEPH J. HANEY$119,363
ASSUREDPARTNERS$2,600 · incl $2,600 fees
SUSAN ANN JUSTICE$1,583
THE STERLING GROUP, INC.$38,960 · incl $1,739 fees
Also brokered by Joseph J. Haney5
4D Systems, LLC MI$32,758

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382467415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.