Ports Petroleum Company, Incbenefits

Ports Petroleum Company, Inc's benefits plans covered 219 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,357,627. Insurance brokers and agents were paid $79,002 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.8% of premiums. That is $361 per covered person, above the median for employer plans that report broker pay. Broker pay fell 27% from $108,482 in 2023.