Plan Ledger DOL Form 5500 · updated monthly

Parker Drilling Companybenefits

Parker Drilling Company Group Health and Flexible Benefit Plan · HOUSTON, TX · plan year 2024

Broker compensation reported · 2024
$69,508

Parker Drilling Company's benefits plans covered 781 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $69,508 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $89 per covered person, below the median for employer plans that report broker pay. Broker pay fell 2.0% from $70,906 in 2023.

Insurance contracts · 20244
AMERITAS LIFE INSURANCE CORPORATION · visionpremiums n/a · 1,650 covered
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 781 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental visionpremiums n/a · 78 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 874 covered
Brokers & agents paid · 20243
USI INSURANCE SERVICES LLC$60,737 · incl $14,418 fees
REUBEN WARNER ASSOCIATES, INC.$3,163 · incl $3,163 fees
USI INSURANCE SERVICES SOUTHWEST$5,608 · incl $5,608 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 730618660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.