Plan Ledger DOL Form 5500 · updated monthly

Ithink Financial Credit Unionbenefits

Ithink Financial Credit Union Welfare Benefit Plan · DELRAY BEACH, FL · plan year 2024

Broker compensation reported · 2024
$392,859

Ithink Financial Credit Union's benefits plans covered 316 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $392,859 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,243 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 18% from $333,875 in 2023.

Insurance contracts · 20246
HEALTH ADVOCATE SOLUTIONS, INC.premiums n/a · 392 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 512 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 683 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 383 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 720 covered
UNITEDHEALTHCARE INSURANCE COMPANYpremiums n/a · 257 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS, LLC$392,779 · incl $229,774 fees
IMG$80 · incl $80 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 591286880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.