Commonwealth Credit Union, Inc.benefits

Commonwealth Credit Union, Inc.'s benefits plans covered 359 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $161,853. Insurance brokers and agents were paid $128,139 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 79.2% of premiums. That is $357 per covered person, above the median for employer plans that report broker pay. Broker pay rose 3.5% from $123,772 in 2023.