Valor LLC
Updated Filing received by DOL
Valor LLC, a wholesale trade employer in Owensboro, Kentucky, reported 224 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 3 insurance contracts with no premium reported and $28,277 in broker commissions and fees. The plan is self-funded (the employer pays claims itself). The Department of Labor received the filing on October 22, 2025, before the deadline.
Who was paid on Valor LLC's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Valor LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Houchens Insurance Group Inc · Bowling Green, KY | $13,439 | $0 | $13,439 | 2 |
| Joseph Garett Keller · Owensboro, KY | $7,272 | $111 | $7,383 | 1 |
| Dennis W. Hoffman · Owensboro, KY | $3,493 | $72 | $3,565 | 1 |
| Jennifer L. Keller · Owensboro, KY | $1,573 | $26 | $1,599 | 1 |
| Mark C. Lamar · Florence, KY | $646 | $69 | $715 | 1 |
| Connie Jo Hoffman · Owensboro, KY | $701 | $0 | $701 | 1 |
| Frank A. Laird and Various Agents · Kevil, KY | $668 | $11 | $679 | 1 |
| Pamela Rowsey Larson · Cold Spring, KY | $184 | $11 | $195 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Health Resources Inc.dental, vision | 264 | — | $7,233 | — |
| Aflaclife, short-term disability | 101 | — | $14,838 | — |
| Anthem Life Insurance Companylife, long-term disability | 498 | — | $6,206 | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Valor LLC compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 100 | 224 | +124.0% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $29,540 | $28,277 | −4.3% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Valor Oil LLC Health and Welfare Benefit Plan#503 · insurance, general assets | June 30, 2025 | October 22, 2025 | before deadline | 224 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Valor LLC pay in health insurance broker commissions in 2024?
Valor LLC's 2024 Form 5500 reports $28,277 in broker commissions and fees across 3 insurance contracts ($27,976 in commissions, $301 in fees), with Houchens Insurance Group Inc receiving the largest share.
Is Valor LLC's health plan self-funded or fully insured?
The 2024 filing indicates the plan is self-funded (the employer pays claims itself).
How does Valor LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Valor LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 200-499 participants that disclosed broker pay reported a median of $77,013.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.