Lake Michigan Credit Unionbenefits

Lake Michigan Credit Union's benefits plans covered 1,566 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $407,457 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $260 per covered person, above the median for employer plans that report broker pay. Broker pay rose 14% from $356,577 in 2024.