Belco Community Credit Unionbenefits

Belco Community Credit Union's benefits plans covered 221 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $19,420. Insurance brokers and agents were paid $10,887 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 56.1% of premiums. That is $49 per covered person, in the bottom quarter of employer plans that report broker pay.