Hwaseung Automotive America Holdings Inc.benefits

Hwaseung Automotive America Holdings Inc.'s benefits plans covered 357 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,596,820. Insurance brokers and agents were paid $175,956 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.0% of premiums. That is $493 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 1.1% from $177,893 in 2023.