Plan Ledger DOL Form 5500 · updated monthly

Mayo Employees Federal Credit Unionbenefits

Mayo Employees Federal Credit Union · ROCHESTER, MN · plan year 2025

Broker compensation reported · 2025
$84,705

Mayo Employees Federal Credit Union's benefits plans covered 129 active participants in 2025, providing health · life · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $84,705 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $657 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 6.7% from $90,783 in 2024.

Insurance contracts · 20252
BLUE CROSS AND BLUE SHIELD OF MINNESOTA AND BLUE PLUS · health drugpremiums n/a · 199 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 129 covered
Brokers & agents paid · 20253
USI INSURANCE SERVICES LLC$45,922 · incl $664 fees
OCI INS. & FINANCIAL SVCS, INC.$25,593
LOCKTON COMPANIES, LLC$13,190 · incl $3,385 fees
Also brokered by Usi5
Adapthealth, LLC PA$827,688

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410400045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.