Plan Ledger DOL Form 5500 · updated monthly

Family Savings Credit Unionbenefits

Group Life Insurance · RAINBOW CITY, AL · plan year 2024

Broker compensation reported · 2024
$83,403

Family Savings Credit Union's benefits plans covered 0 active participants in 2024, providing life · death benefits. Insurance premiums totaled $438,698. Insurance brokers and agents were paid $83,403 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.0% of premiums. Broker pay rose 26% from $66,166 in 2023.

Insurance contracts · 20244
STANDARD INSURANCE COMPANY · life$161K · 329 covered
STANDARD INSURANCE COMPANY · life$161K · 329 covered
STANDARD INSURANCE COMPANY · ltd$117K · 291 covered
HCC LIFE INSURANCE COMPANYpremiums n/a · 287 covered
Brokers & agents paid · 20241
GALLAGHER BENEFIT SERVICES, INC.$83,403 · incl $10,565 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630355713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.