Meritrust Credit Unionbenefits

Meritrust Credit Union's benefits plan covered 503 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $109,294. Insurance brokers and agents were paid $40,977 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 37.5% of premiums. That is $81 per covered person, below the median for employer plans that report broker pay.