Plan Ledger DOL Form 5500 · updated monthly

Greenstate Credit Unionbenefits

Greenstate Credit Union Welfare Plan · NORTH LIBERTY, IA · plan year 2024

Broker compensation reported · 2024
$183,967

Greenstate Credit Union's benefits plans covered 918 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $6,940,904. Insurance brokers and agents were paid $183,967 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.7% of premiums. That is $200 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.1% from $180,095 in 2023.

Insurance contracts · 20244
WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA · health$6.8M · 747 covered
VISION SERVICE PLAN · vision$109K · 617 covered
UNITED OF OMAHA LIFE INSURANCE COMP ANY · life ltdpremiums n/a · 924 covered
DELTA DENTAL OF IOWA · dentalpremiums n/a · 768 covered
Brokers & agents paid · 20243
TRUE NORTH COMPANIES$158,644
TRUENORTH COMPANIES LC$14,380 · incl $14,380 fees
TRUE NORTH COMPANIES LLC$10,943

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 420804594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.