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