Hypower, Inc.benefits
Hypower, Inc. Employee Benefits Plan · FORT LAUDERDALE, FL · plan year 2025
Hypower, Inc.'s benefits plans covered 399 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,571,689. Insurance brokers and agents were paid $228,999 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.9% of premiums. That is $574 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 3.0% from $235,967 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 880271249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.