Plan Ledger DOL Form 5500 · updated monthly

Granite Federal Credit Unionbenefits

Granite Federal Credit Union Health and Welfare Plan · SALT LAKE CITY, UT · plan year 2025

Broker compensation reported · 2025
$6,719

Granite Federal Credit Union's benefits plans covered 117 active participants in 2025, providing life · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $6,719 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $57 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 27% from $5,299 in 2024.

Insurance contracts · 20251
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 117 covered
Brokers & agents paid · 20251
GALLAGHER BENEFIT SERVICES, INC.$6,719 · incl $715 fees
Also brokered by Gallagher5
Prisma Health SC$2,123,789

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 870232489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.