Cedar Point Federal Credit Unionbenefits

Cedar Point Federal Credit Union's benefits plans covered 131 active participants in 2024, providing health · life · dental · long-term disability · other. Insurance premiums totaled $77,099. Insurance brokers and agents were paid $108,076 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 140.2% of premiums. That is $825 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 47% from $73,742 in 2023.