Plan Ledger DOL Form 5500 · updated monthly

Generations Community Federal Credit Unionbenefits

Generations Community Federal Credit Union Health & Welfare Benefit Plan · CASTLE HILLS, TX · plan year 2024

Broker compensation reported · 2024
$45,300

Generations Community Federal Credit Union's benefits plans covered 169 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $45,300 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $268 per covered person, above the median for employer plans that report broker pay. Broker pay rose 15% from $39,333 in 2023.

Insurance contracts · 20245
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 169 covered
SAFEGUARD HEALTH PLANS, INC. A TEXAS CORPORATION · dentalpremiums n/a · 67 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 169 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental visionpremiums n/a · 376 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES LLC$43,097 · incl $13,795 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 741117333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.