Valley Electric Company of Mt. Vernonbenefits

Valley Electric Company of Mt. Vernon's benefits plan covered 124 active participants in 2025, providing health · dental · vision. Insurance premiums totaled $174,044. Insurance brokers and agents were paid $18,911 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.9% of premiums. That is $153 per covered person, below the median for employer plans that report broker pay.