Plan Ledger DOL Form 5500 · updated monthly

Eastman Credit Unionbenefits

Eastman Credit Union Employee Welfare Plan · KINGSPORT, TN · plan year 2024

Broker compensation reported · 2024
$156,451

Eastman Credit Union's benefits plans covered 1,061 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $974,703. Insurance brokers and agents were paid $156,451 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.1% of premiums. That is $147 per covered person, below the median for employer plans that report broker pay. Broker pay rose 18% from $132,922 in 2023.

Insurance contracts · 20245
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · health ppo$975K · 861 covered
COMPSYCHpremiums n/a · 1,061 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 878 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · life ltdpremiums n/a · 1,031 covered
VISION SERVICE PLAN · visionpremiums n/a · 914 covered
Brokers & agents paid · 20244
SENTINEL INSURANCE AGENCY, INC.$140,694 · incl $11,889 fees
SENTINEL INSURANCE AGENCY INC$8,459
DONALD C SAVOY INC$4,243 · incl $14 fees
SENTINEL INSURANCE AGENY, INC.$3,055
Also brokered by Sentinel Insurance Agency, Inc.5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 626039479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.