Advantis Credit Unionbenefits

Advantis Credit Union's benefits plans covered 266 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $109,262. Insurance brokers and agents were paid $16,762 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.3% of premiums. That is $63 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 7.6% from $18,150 in 2023.