Sungwoo Hitech America Corp.benefits

Sungwoo Hitech America Corp.'s benefits plan covered 70 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $79,800. Insurance brokers and agents were paid $57,439 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 72.0% of premiums. That is $821 per covered person, in the top 10% of employer plans that report broker pay.