Hutchinson Healthbenefits
Hutchinson Health Welfare Benefits Wrap Plan · HUTCHINSON, MN · plan year 2024
Broker compensation reported · 2024
$21,616
Hutchinson Health's benefits plans covered 527 active participants in 2024, providing health · life · dental · long-term disability · other. Insurance premiums totaled $309,068. Insurance brokers and agents were paid $21,616 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.0% of premiums. That is $41 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 23% from $17,541 in 2023.
Insurance contracts · 20243
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltd$164K
UNUM LIFE INSURANCE COMPANY OF AMERICA$130K · 431 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life$15K · 42 covered
Brokers & agents paid · 20242
WILLIS TOWERS WATSON US LLC$21,557 · incl $3,943 fees
Also brokered by Wtw5
Champion, Inc MI$46,368,623
Home Depot USA, Inc. GA$5,392,359
Pacific Architects and Engineers, LLC VA$4,476,431
Amentum Government Services Parent Holding LLC MD$4,258,557
Vca Inc. CA$4,086,268
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 841715908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.