Empower Federal Credit Unionbenefits

Empower Federal Credit Union's benefits plans covered 571 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $387,094. Insurance brokers and agents were paid $33,199 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.6% of premiums. That is $58 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 81% from $174,185 in 2024.