Plan Ledger DOL Form 5500 · updated monthly

Credit Unions Chartered in State of Mich 1027 Consumers Credit Unionbenefits

Consumers Credit Union Insurance Benefit Plan · KALAMAZOO, MI · plan year 2025

Broker compensation reported · 2025
$192,183

Credit Unions Chartered in State of Mich 1027 Consumers Credit Union's benefits plans covered 444 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,717,213. Insurance brokers and agents were paid $192,183 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $433 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 64% from $117,238 in 2024.

Insurance contracts · 20256
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$3.3M · 836 covered
DELTA DENTAL OF MICHIGAN · dental ppo$371K · 865 covered
FIDELITY SECURITY LIFE INSURANCE (EYEMED VISION CARE) · visionpremiums n/a · 698 covered
UNUM LIFE INSURANCE CO OF AMER · lifepremiums n/a · 215 covered
UNUM LIFE INSURANCE CO OF AMER · life ltdpremiums n/a · 444 covered
Brokers & agents paid · 20254
THE NULTY AGENCY - SUSAN L CULHANE$145,209
THE NULTY AGENCY INC.$33,085 · incl $1,747 fees
CENTRO BENEFITS RESEARCH LLC$8,281 · incl $8,281 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381438667 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.