Marathon Petroleum Company LPbenefits

Marathon Petroleum Company LP's benefits plans covered 18,287 active participants in 2024. Insurance premiums totaled $15,604,865. Insurance brokers and agents were paid $325,200 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.1% of premiums. That is $18 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 38% from $234,836 in 2023.