Hyosung Hico, LTD.benefits

Hyosung Hico, LTD.'s benefits plans covered 434 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $4,202,931. Insurance brokers and agents were paid $332,820 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.9% of premiums. That is $767 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 5.3% from $316,127 in 2024.