Plan Ledger DOL Form 5500 · updated monthly

Founders Federal Credit Unionbenefits

Group Life and Accidental Death and Dismemberment Insurance for Employees of Founders Federal Credit Union · LANCASTER, SC · plan year 2024

Broker compensation reported · 2024
$103,369

Founders Federal Credit Union's benefits plans covered 1,337 active participants in 2024, providing life · other. Insurance brokers and agents were paid $103,369 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $77 per covered person, below the median for employer plans that report broker pay. Broker pay rose 11% from $93,356 in 2023.

Insurance contracts · 20242
SYMETRA LIFE INSURANCE COMPANY · ltdpremiums n/a · 616 covered
SYMETRA LIFE INSURANCE COMPANY · lifepremiums n/a · 1,337 covered
Brokers & agents paid · 20242
FOUNDERS FINANCIAL GROUP LLC$68,461
USI INS SERVICES LLC$34,908 · incl $14,091 fees
Also brokered by Founders Financial Group LLC1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 570762987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.