Plan Ledger DOL Form 5500 · updated monthly

Petro Services, Inc.benefits

Petro Services, Inc. Welfare Benefits Plan · JACKSONVILLE, FL · plan year 2024

Broker compensation reported · 2024
$167,894

Petro Services, Inc.'s benefits plans covered 210 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $167,894 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $799 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 20% from $210,006 in 2023.

Insurance contracts · 20247
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dentalpremiums n/a · 233 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 236 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 10 covered
UNITEDHEALTHCARE INSURANCE COMPANY · life ltdpremiums n/a · 632 covered
UNITEDHEALTHCARE INSURANCE COMPANYpremiums n/a · 166 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · visionpremiums n/a · 194 covered
Brokers & agents paid · 20245
SAUNDERS BENEFITS CONSULTING LLC$30,256 · incl $1,583 fees
GIS BENEFITS INC.$8,873 · incl $8,873 fees
GIS BENEFITS, INC.$1,215 · incl $400 fees
GIS BENEFITS$453 · incl $136 fees
SAUNDERS BENEFITS CONSULTING, LLC$127,097 · incl $23 fees
Also brokered by Saunders Benefits Consulting LLC3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 593415240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.