Hyb, Inc.benefits
Hyb, Inc. Health and Welfare Benefits Plan · KNOXVILLE, TN · plan year 2025
Hyb, Inc.'s benefits plans covered 457 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $106,223. Insurance brokers and agents were paid $78,523 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 73.9% of premiums. That is $172 per covered person, below the median for employer plans that report broker pay. Broker pay fell 8.6% from $85,956 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 621105945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.