Hutsonwood, Inc.benefits

Hutsonwood, Inc.'s benefits plans covered 365 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,158,374. Insurance brokers and agents were paid $173,211 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.0% of premiums. That is $475 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 6.0% from $163,338 in 2023.