Lyden Oil Companybenefits

Lyden Oil Company's benefits plan covered 156 active participants in 2023, providing health · dental · vision. Insurance premiums totaled $95,581. Insurance brokers and agents were paid $5,791 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.1% of premiums. That is $37 per covered person, in the bottom quarter of employer plans that report broker pay.