Valley Strong Credit Unionbenefits
Valley Strong Credit Union Employee Benefits Plan · BAKERSFIELD, CA · plan year 2025
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.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 951652797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.