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