American Petroleum Institutebenefits

American Petroleum Institute's benefits plans covered 376 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $7,104,185. Insurance brokers and agents were paid $246,618 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.5% of premiums. That is $656 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 15% from $215,078 in 2024.