Old Dominion Freight Line, Inc.benefits

Old Dominion Freight Line, Inc.'s benefits plans covered 44,525 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $13,570,319. Insurance brokers and agents were paid $2,554,253 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.8% of premiums. That is $57 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 1.6% from $2,595,736 in 2023.