Financial Partners Credit Unionbenefits

Financial Partners Credit Union's benefits plans covered 283 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $416,823. Insurance brokers and agents were paid $172,703 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.4% of premiums. That is $610 per covered person, in the top quarter of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.