Valley Power Systems, Inc.benefits

Valley Power Systems, Inc.'s benefits plans covered 113 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $1,365,061. Insurance brokers and agents were paid $103,757 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.6% of premiums. That is $918 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 83% from $56,615 in 2023.