Altra Federal Credit Unionbenefits

Altra Federal Credit Union's benefits plans covered 473 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $133,216. Insurance brokers and agents were paid $61,822 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 46.4% of premiums. That is $131 per covered person, below the median for employer plans that report broker pay. Broker pay fell 33% from $91,671 in 2024.