Plan Ledger DOL Form 5500 · updated monthly

Valley Strong Credit Unionbenefits

Valley Strong Credit Union Employee Benefits Plan · BAKERSFIELD, CA · plan year 2025

Broker compensation reported · 2025
$417,958

Valley Strong Credit Union's benefits plans covered 580 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $477,196. Insurance brokers and agents were paid $417,958 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 87.6% of premiums. That is $721 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 15% from $363,120 in 2024.

Insurance contracts · 202510
UNITED CONCORDIA INSURANCE COMPANY · dental$477K · 990 covered
CALIFORNIA PHYSICIANS' SERVICE · health drug hmopremiums n/a · 411 covered
KAISER FOUNDATION HEALTH PLAN INC. · health drug hmopremiums n/a · 312 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 592 covered
VISION SERVICE PLAN · visionpremiums n/a · 439 covered
CALIFORNIA PHYSICIANS' SERVICE · health drug dentalpremiums n/a · 51 covered
WESTERN HEALTH ADVANTAGE · health drug hmopremiums n/a · 5 covered
KAISER FOUNDATION HEALTH PLAN INC. · health drug hmopremiums n/a · 111 covered
MAGELLAN HEALTHCARE · healthpremiums n/a · 647 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 286 covered
Brokers & agents paid · 20256
VALLEY STRONG CREDIT UNION$128,419 · incl $66,340 fees
DANONE SIMPSON INSURANCE SERVICES$170,242 · incl $66,340 fees
DANONE SIMPSON INS. SVCS. LLC$62,079
DANONE SIMPSON INSURANCE SERVICE LL$33,156 · incl $33,156 fees
VALLEY STONG CREDIT UNION$19,816
MONTAGE INSURANCE SOLUTIONS$4,246

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 951652797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.