COASTAL1 Credit Unionbenefits

COASTAL1 Credit Union's benefits plans covered 275 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $5,228,853. Insurance brokers and agents were paid $59,683 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.1% of premiums. That is $217 per covered person, above the median for employer plans that report broker pay. Broker pay rose 5.0% from $56,866 in 2024.