Plan Ledger DOL Form 5500 · updated monthly

Texas Petroleum Investment Companybenefits

Texas Petroleum Investment Company Welfare Benefit Plan · HOUSTON, TX · plan year 2024

Broker compensation reported · 2024
$94,503

Texas Petroleum Investment Company's benefits plans covered 90 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $94,503 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,050 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 43% from $165,780 in 2023.

Insurance contracts · 20242
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dentalpremiums n/a · 158 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · vision life std ltdpremiums n/a · 88 covered
Brokers & agents paid · 20243
BROWN AND NOYES LLC$83,190
ALERA GROUP, INC.$9,324 · incl $9,324 fees
Also brokered by Brown and Noyes LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 760289681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.