Hvph Motor Corporationbenefits

Hvph Motor Corporation's benefits plans covered 244 active participants in 2024, providing health · life · dental · long-term disability · other. Insurance premiums totaled $1,649,687. Insurance brokers and agents were paid $108,338 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.6% of premiums. That is $444 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 13% from $95,853 in 2023.