Plan Ledger DOL Form 5500 · updated monthly

Greater Iowa Credit Unionbenefits

Greater Iowa Credit Union Employee Benefits Plan · AMES, IA · plan year 2025

Broker compensation reported · 2025
$35,278

Greater Iowa Credit Union's benefits plans covered 141 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $135,962. Insurance brokers and agents were paid $35,278 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 25.9% of premiums. That is $250 per covered person, above the median for employer plans that report broker pay. Broker pay rose 9.3% from $32,275 in 2024.

Insurance contracts · 20257
STANDARD INSURANCE COMPANY · std$75K · 141 covered
STANDARD INSURANCE COMPANY · life$39K · 141 covered
STANDARD INSURANCE COMPANY · ltd$21K · 141 covered
WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA · health ppopremiums n/a · 54 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 109 covered
WELLMARK HEALTH PLAN OF IOWA · health hmopremiums n/a · 58 covered
STANDARD INSURANCE COMPANYpremiums n/a · 45 covered
Brokers & agents paid · 20254
HOLMES MURPHY AND ASSOCIATES LLC$28,496 · incl $7,134 fees
AVANT SPECIALTY BENEFITS LLC$4,324 · incl $2,307 fees
C2 CENTRIC LLC$700 · incl $561 fees
Also brokered by Holmes Murphy5
Winstead PC TX$242,277

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 420664060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.