Plan Ledger DOL Form 5500 · updated monthly

Maine Savings Federal Credit Unionbenefits

Maine Savings Fcu Medical, Dental and Vision Plan · HAMPDEN, ME · plan year 2024

Broker compensation reported · 2024
$60,659

Maine Savings Federal Credit Union's benefits plans covered 220 active participants in 2024, providing health · dental · vision. Insurance brokers and agents were paid $60,659 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $276 per covered person, above the median for employer plans that report broker pay. Broker pay rose 43% from $42,405 in 2023.

Insurance contracts · 20243
ANTHEM HEALTH PLANS OF MAINE, INC · health drug dental ppopremiums n/a · 220 covered
RED TREE INSURANCE COMPANY, INC. · visionpremiums n/a · 185 covered
ANTHEM LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 162 covered
Brokers & agents paid · 20243
CROSS INSURANCE, INC.$57,997
CROSS BENEFIT SOLUTIONS$2,577 · incl $2,577 fees
COMBINED SERVICES, LLC$85
Also brokered by Cross Insurance, Inc.5
Innovive Health MA$303,907

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 010267010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.