Hutchinson Automotive, Inc.benefits

Hutchinson Automotive, Inc.'s benefits plans covered 97 active participants in 2024, providing health · dental · vision · life · long-term disability · other. Insurance premiums totaled $236,686. Insurance brokers and agents were paid $34,328 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.5% of premiums. That is $354 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.5% from $35,938 in 2023.