Plan Ledger DOL Form 5500 · updated monthly

Valley Tool and Manufacturing LLCbenefits

Valley Tool and Manufacturing LLC Employee Life · MILFORD, CT · plan year 2024

Broker compensation reported · 2024
$3,703

Valley Tool and Manufacturing LLC's benefits plans covered 100 active participants in 2024, providing life · death benefits. Insurance brokers and agents were paid $3,703 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $37 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 14% from $3,252 in 2023.

Insurance contracts · 20241
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 100 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$3,703 · incl $876 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 821057145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.