Ohio Valley Manufacturing, Inc.benefits

Ohio Valley Manufacturing, Inc.'s benefits plan covered 117 active participants in 2023, providing health · life · dental · vision · other. Insurance premiums totaled $59,092. Insurance brokers and agents were paid $7,306 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.4% of premiums. That is $62 per covered person, in the bottom quarter of employer plans that report broker pay.