Valvoline LLCbenefits
Valvoline Group Benefit Plan · LEXINGTON, KY · plan year 2024
Broker compensation reported · 2024
$435,574
Valvoline LLC's benefits plans covered 10,942 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $435,574 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $40 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 25% from $349,032 in 2023.
Insurance contracts · 20246
HEALTH ADVOCATE SOLUTIONS, INCpremiums n/a · 7,795 covered
VISION SERVICE PLAN · visionpremiums n/a · 3,039 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICApremiums n/a · 12,145 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 2,728 covered
RELIASTAR LIFE INSURANCE COMPANYpremiums n/a · 2,682 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 23,636 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS, LLC$433,860 · incl $41,485 fees
IMG$1,714 · incl $857 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 611782197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.