Elga Credit Unionbenefits

Elga Credit Union's benefits plans covered 337 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $4,236,524. Insurance brokers and agents were paid $210,454 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $624 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 24% from $169,073 in 2024.