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Sponsor portfolioWelfare / HealthEIN 73-0618660

PARKER DRILLING COMPANY

2103 CITYWEST BOULEVARD · HOUSTON, TX 77042
2814062000
Plans filed
4
Years active
2015–2024
Industry
NAICS 21
Latest filing
2024
Total premiums (latest)
$1.3M
No prior year
Persons covered
1,650
No prior year
Total participants
781
No prior year
Plans filed
4
No prior year

Plans under this sponsor

4 plans
Plan #501$1.3M
PARKER DRILLING COMPANY GROUP HEALTH AND FLEXIBLE BENEFIT PLAN
Mixed1,650 covered·4 carriers
Primary: UNUM LIFE INSURANCE COMPANY OF AMERICA
Plan #502$1.0M
PARKER DRILLING COMPANY LIFE, ACCIDENT AND DISABILITY PLAN
Fully insured813 covered·2 carriers
Primary: UNUM LIFE INSURANCE COMPANY OF AMERICA
Plan #503$0
PARKER DRILLING COMPANY FLEXIBLE BENEFIT PLAN FOR OFFICE-BASED EMPLOYEES
Self-funded0 covered·0 carriers
Plan #504$0
PARKER DRILLING COMPANY FLEXIBLE BENEFIT PLAN FOR RIG-BASED AND QUAIL TOOL EMPLOYEES
Self-funded0 covered·0 carriers

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Other$870K22.2%
Life$849K21.7%
Long-term disability$849K21.7%
Vision$427K10.9%
Health$307K7.8%
Dental$307K7.8%
Prescription drug$307K7.8%

Carrier overview

4 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
UNUM LIFE INSURANCE COMPANY OF AMERICA
EIN 010278678
LLTDOth
$849K65.5%11874
UNITEDHEALTHCARE INSURANCE COMPANY
EIN 362739571
HRxDV
$307K23.7%1178
AMERITAS LIFE INSURANCE CORP.
EIN 470098400
V
$120K9.3%111,650
ZURICH AMERICAN INSURANCE COMPANY
EIN 364233459
Oth
$21K1.6%11781

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
USI INSURANCE SERVICES LLCHOUSTON, TXAMERITAS LIFE INSURANCE CORPORATION, ZURICH AMERICAN INSURANCE COMPANY, UNUM LIFE INSURANCE COMPANY OF AMERICA$46K$20K$66K95.4%1
REUBEN WARNER ASSOCIATES, INC.STATEN ISLAND, NYZURICH AMERICAN INSURANCE COMPANY$0$3K$3K4.6%1

History & trajectory

10 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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