Valtec, LLCbenefits

Valtec, LLC's benefits plans covered 97 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $561,022. Insurance brokers and agents were paid $40,026 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $413 per covered person, above the median for employer plans that report broker pay. Broker pay fell 17% from $48,462 in 2023.