Valcor Engineering Corporationbenefits

Valcor Engineering Corporation's benefits plans covered 452 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $8,803,088. Insurance brokers and agents were paid $199,115 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.3% of premiums. That is $441 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 8.9x the $22,301 reported for 2023.