Bank-Fund Staff Fed. Cred. Unionbenefits
Group Life and Disability Plan for Employees of Bank-Fund Staff Federal Credit Union · WASHINGTON, DC · plan year 2024
Broker compensation reported · 2024
$54,422
Bank-Fund Staff Fed. Cred. Union's benefits plans covered 332 active participants in 2024, providing life · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $54,422 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $164 per covered person, below the median for employer plans that report broker pay. Broker pay rose 16% from $46,976 in 2023.
Insurance contracts · 20246
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 332 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 138 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 332 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 332 covered
EYEMED · visionpremiums n/a · 209 covered
AETNA LIFE INSURANCE CO.premiums n/a · 78 covered
Brokers & agents paid · 20241
DIGITAL INSURANCE, LLC$54,422 · incl $20,651 fees
Also brokered by Digital Insurance, LLC5
Mayer Brown LLP IL$566,692
Alter Trading Corporation MO$261,733
Colonial Management Group, LP FL$248,402
Roland Corporation U.S. CA$241,055
Adb Companies, Inc. MO$231,663
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 530209950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.