Embold Federal Credit Unionbenefits

Embold Federal Credit Union's benefits plan covered 135 active participants in 2023, providing health · dental · vision · life · long-term disability · other. Insurance premiums totaled $43,804. Insurance brokers and agents were paid $50,603 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 115.5% of premiums. That is $375 per covered person, above the median for employer plans that report broker pay.