Alabama One Credit Unionbenefits

Alabama One Credit Union's benefits plans covered 271 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $2,805,237. Insurance brokers and agents were paid $185,546 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.6% of premiums. That is $685 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 5.1% from $176,609 in 2023.