F & a Federal Credit Unionbenefits

F & a Federal Credit Union's benefits plans covered 103 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $91,940. Insurance brokers and agents were paid $27,740 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.2% of premiums. That is $269 per covered person, above the median for employer plans that report broker pay. Broker pay fell 9.4% from $30,629 in 2024.