Magnifi Financial Credit Unionbenefits
Magnifi Financial Credit Union Comprehensive Health & Welfare Benefits Plan · MELROSE, MN · plan year 2025
Magnifi Financial Credit Union's benefits plans covered 404 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $14,194 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $35 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 7.6% from $13,191 in 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410705136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.