Plan Ledger DOL Form 5500 · updated monthly

Vali Incorporatedbenefits

Vali Incorporated Employee Benefits Plan · HUNTSVILLE, AL · plan year 2024

Broker compensation reported · 2024
$29,215

Vali Incorporated's benefits plans covered 271 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,029,545. Insurance brokers and agents were paid $29,215 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.8% of premiums. That is $108 per covered person, below the median for employer plans that report broker pay. Broker pay rose 50% from $19,456 in 2023.

Insurance contracts · 20244
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug ppo$1.0M · 98 covered
AMERITAS LIFE INSURANCE CORP. · visionpremiums n/a · 159 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 274 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dentalpremiums n/a · 154 covered
Brokers & agents paid · 20243
MARSH & MCLENNAN AGENCY LLC$27,266 · incl $496 fees
J SMITH LANIER & CO A MARSH & MCLEN$1,898
IMG$51 · incl $51 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 822400416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.