United Petroleum Transport, Inc.benefits

United Petroleum Transport, Inc.'s benefits plans covered 544 active participants in 2024, providing health · dental · vision · life · death benefits · short-term disability · long-term disability · other. Insurance premiums totaled $188,375. Insurance brokers and agents were paid $85,452 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 45.4% of premiums. That is $157 per covered person, below the median for employer plans that report broker pay. Broker pay rose 4.2% from $82,027 in 2023.