Advia Credit Unionbenefits
Advia Credit Unioin Health and Welfare Plan · KALAMAZOO, MI · plan year 2024
Advia Credit Union's benefits plans covered 351 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $4,652,725. Insurance brokers and agents were paid $150,166 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $428 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 22% from $193,299 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381686050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.