Oilmens Equipment Corporationbenefits

Oilmens Equipment Corporation's benefits plans covered 131 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,039,916. Insurance brokers and agents were paid $62,445 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.0% of premiums. That is $477 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 0.5% from $62,766 in 2023.