Hyosung Holdings USA, Inc.benefits
Hyosung Holdings USA, Inc. Divisional Benefit Plan · CHARLOTTE, NC · plan year 2025
Hyosung Holdings USA, Inc.'s benefits plans covered 282 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,137,219. Insurance brokers and agents were paid $30,920 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.0% of premiums. That is $110 per covered person, below the median for employer plans that report broker pay. Broker pay rose 9.5% from $28,244 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 611571366 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.