Plan Ledger DOL Form 5500 · updated monthly

Members First Credit Unionbenefits

Members First Credit Union Health & Welfare Benefit Plan · MIDLAND, MI · plan year 2025

Broker compensation reported · 2025
$136,938

Members First Credit Union's benefits plans covered 233 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,718,679. Insurance brokers and agents were paid $136,938 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $588 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 3.6% from $132,154 in 2024.

Insurance contracts · 202510
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug vision ppo$2.5M · 440 covered
DELTA DENTAL OF MICHIGAN · dental$197K · 461 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 232 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 232 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 233 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 151 covered
NEW DIRECTIONS BEHAVIORAL HEALTHpremiums n/a · 245 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 50 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 69 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 38 covered
Brokers & agents paid · 20255
CHRISTOPHER M BOUSCHET$43,484
REBECCA A MCLAUGHLAN$31,956
MARSH AND MCLENNAN AGCY LLC$3,021 · incl $3,021 fees
MARSH & MCLENNAN AGENCY LLC$49,121 · incl $15,395 fees
Also brokered by Christopher M Bouschet5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381489454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.