Hutchens Industries, Incbenefits

Hutchens Industries, Inc's benefits plans covered 523 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $5,372,567. Insurance brokers and agents were paid $387,635 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.2% of premiums. That is $741 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 19% from $475,717 in 2023.