South Bay Lube, Inc.benefits

South Bay Lube, Inc.'s benefits plans covered 200 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $482,037. Insurance brokers and agents were paid $32,787 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.8% of premiums. That is $164 per covered person, below the median for employer plans that report broker pay. Broker pay fell 8.0% from $35,654 in 2023.