Metro Credit Unionbenefits

Metro Credit Union's benefits plans covered 320 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other · vision. Insurance premiums totaled $3,232,039. Insurance brokers and agents were paid $160,073 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 $500 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 28% from $125,349 in 2023.