Saudi Arabian Oil Company Saudi Aramcobenefits
Aramco U.S. Welfare Benefit Plan · HOUSTON, TX · plan year 2023
Saudi Arabian Oil Company Saudi Aramco's benefits plan covered 1,676 active participants in 2023, providing health · life · dental · short-term disability · long-term disability. Insurance premiums totaled $2,208,125. Insurance brokers and agents were paid $21,988 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.0% of premiums. That is $13 per covered person, in the bottom quarter of employer plans that report broker pay.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 844364434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.