Penske Corporationbenefits

Penske Corporation's benefits plans covered 727 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,716,830. Insurance brokers and agents were paid $239,577 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $330 per covered person, above the median for employer plans that report broker pay. Broker pay fell 9.9% from $265,887 in 2024.