Nautilus Hyosung America, Inc.benefits

Nautilus Hyosung America, Inc.'s benefits plans covered 894 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $590,852. Insurance brokers and agents were paid $111,963 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.9% of premiums. That is $125 per covered person, below the median for employer plans that report broker pay. Broker pay fell 13% from $129,124 in 2023.