Apco Employees Credit Unionbenefits

Apco Employees Credit Union's benefits plans covered 158 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $2,183,719. Insurance brokers and agents were paid $8,154 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.4% of premiums. That is $52 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 116% from $3,770 in 2023.