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