The Lubrizol Corporationbenefits

The Lubrizol Corporation's benefits plans covered 5,005 active participants in 2024, providing death benefits. Insurance premiums totaled $414,854. Insurance brokers and agents were paid $11,616 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.8% of premiums. That is $2 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 83% from $69,294 in 2023.