Charter Oak Federal Credit Unionbenefits
Charter Oak Federal Credit Union Employee Benefit Plan · WATERFORD, CT · plan year 2025
Broker compensation reported · 2025
$101,402
Charter Oak Federal Credit Union's benefits plans covered 201 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $101,402 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $504 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 5.7% from $95,918 in 2024.
Insurance contracts · 20257
EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO. · visionpremiums n/a · 255 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug visionpremiums n/a · 173 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · lifepremiums n/a · 29 covered
HARTFORD FIRE INSURANCE COMPANYpremiums n/a · 201 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 157 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 201 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 32 covered
Brokers & agents paid · 20254
PROGRESSIVE BENEFIT SOLUTIONS, LLC$4,608 · incl $4,608 fees
LOCKTON COMPANIES, LLC$96,744 · incl $73,277 fees
THE INSURANCE PROFESSIONALS INC$13
Also brokered by Progressive Benefit Solutions, LLC5
Icare Health Management, LLC CT$39,733
Ryders Health Management CT$38,374
Cpc, LLC CT$30,413
Blt Management LLC CT$26,705
Ghp Media Inc. CT$17,450
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 060659509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.