Marine Federal Credit Unionbenefits

Marine Federal Credit Union's benefits plans covered 183 active participants in 2025, providing health · life · vision. Insurance premiums totaled $1,826,130. Insurance brokers and agents were paid $5,012 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.3% of premiums. That is $27 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 57% from $11,527 in 2024.