Gate Petroleum Companybenefits

Gate Petroleum Company's benefits plans covered 1,996 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,464,256. Insurance brokers and agents were paid $210,943 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.6% of premiums. That is $106 per covered person, below the median for employer plans that report broker pay. Broker pay fell 35% from $326,781 in 2024.