Tokusen Hytech, Inc.benefits
Tokusen Hytech, Inc. Welfare Benefit Plan · PLAINWELL, MI · plan year 2024
Tokusen Hytech, Inc.'s benefits plans covered 165 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $50,272. Insurance brokers and agents were paid $23,080 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 45.9% of premiums. That is $140 per covered person, below the median for employer plans that report broker pay. Broker pay fell 58% from $54,772 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 462316131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.