Plan Ledger DOL Form 5500 · updated monthly

Penske Vehicle Services Inc.benefits

Penske Vehicle Services Inc. Welfare Benefits Plan · TROY, MI · plan year 2025

Broker compensation reported · 2025
$93,559

Penske Vehicle Services Inc.'s benefits plans covered 543 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,623,998. Insurance brokers and agents were paid $93,559 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $172 per covered person, below the median for employer plans that report broker pay. Broker pay fell 11% from $105,231 in 2024.

Insurance contracts · 20256
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.7M · 242 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$802K · 92 covered
DELTA DENTAL OF MICHIGAN · dental$105K · 276 covered
DELTA DENTAL OF MICHIGAN · dental$29K · 95 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 543 covered
Brokers & agents paid · 20253
ROBERT E. PETCOVE$69,880
GALLAGHER BENEFIT SERVICES, INC.$23,583 · incl $5,146 fees
Also brokered by Robert E. Petcove3

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 510395686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.