United Parcel Service of America, Inc.benefits

United Parcel Service of America, Inc.'s benefits plans covered 377,680 active participants in 2024, providing death benefits · other. Insurance premiums totaled $6,125,093. Insurance brokers and agents were paid $1,157,790 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.9% of premiums. That is $3 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 14% from $1,020,043 in 2023.