First Financial Credit Unionbenefits
First Financial Credit Union Welfare Benefit Plan · ALBUQUERQUE, NM · plan year 2025
First Financial Credit Union's benefits plans covered 256 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,903,909. Insurance brokers and agents were paid $175,076 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.2% of premiums. That is $684 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 26% from $139,359 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 850102571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.