Five County Credit Unionbenefits

Five County Credit Union's benefits plan covered 128 active participants in 2023, providing life · long-term disability · death benefits · short-term disability. Insurance premiums totaled $72,166. Insurance brokers and agents were paid $6,199 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 $48 per covered person, in the bottom quarter of employer plans that report broker pay.