Gxo Enterprise Services, LLCbenefits

Gxo Enterprise Services, LLC's benefits plans covered 21,450 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,265,269. Insurance brokers and agents were paid $874,248 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 69.1% of premiums. That is $41 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 33% from $657,011 in 2023.