American Electric Power Service Corporationbenefits

American Electric Power Service Corporation's benefits plans covered 15,981 active participants in 2024, providing life · death benefits · other. Insurance brokers and agents were paid $947,063 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $59 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 3.0% from $919,718 in 2023.