Plan Ledger DOL Form 5500 · updated monthly

Corning Federal Credit Union Plan 516benefits

Corning Federal Credit Union Health and Welfare Benefit Plan · CORNING, NY · plan year 2025

Broker compensation reported · 2025
$190,223

Corning Federal Credit Union Plan 516's benefits plans covered 289 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $190,223 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $658 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 17% from $162,997 in 2024.

Insurance contracts · 20254
MVP HEALTH SERVICE CORP · health drug ppopremiums n/a · 572 covered
DELTA DENTAL OF NEW YORK · dentalpremiums n/a · 329 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 287 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · vision life std ltdpremiums n/a · 445 covered
Brokers & agents paid · 20251
BROWN & BROWN INSURANCE SERVICES$190,223 · incl $19,010 fees
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 166028994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.