Vesco Oil Corporationbenefits
Vesco Oil Corporation Welfare Benefit Plan · SOUTHFIELD, MI · plan year 2024
Vesco Oil Corporation's benefits plans covered 191 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $2,984,147. Insurance brokers and agents were paid $114,940 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.9% of premiums. That is $602 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 37% from $181,691 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381289952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.