Plan Ledger DOL Form 5500 · updated monthly

Minnesota Credit Union Network, Inc.benefits

Minnesota Credit Union Employee Benefits Plan · ST. PAUL, MN · plan year 2024

Broker compensation reported · 2024
$128,544

Minnesota Credit Union Network, Inc.'s benefits plans covered 441 active participants in 2024, providing health. Insurance brokers and agents were paid $128,544 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $291 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.1% from $125,863 in 2023.

Insurance contracts · 20241
MEDICA INSURANCE COMPANY · healthpremiums n/a · 806 covered
Brokers & agents paid · 20241
LOCKTON COMPANIES, LLC$128,544 · incl $144 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 352668800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.