Navy Federal Credit Unionbenefits
Navy Federal Credit Union Welfare Benefits Plan · MERRIFIELD, VA · plan year 2025
Broker compensation reported · 2025
$754,025
Navy Federal Credit Union's benefits plans covered 25,170 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $754,025 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $30 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 39% from $542,686 in 2024.
Insurance contracts · 202515
ARAG INSURANCE COMPANYpremiums n/a · 2,970 covered
JANUS ASSOCIATES, INC. DBA BHSpremiums n/a · 24,972 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 25,170 covered
KAISER FOUNDATION HEALTH PLAN OF WASHINGTON · health drug hmopremiums n/a · 49 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 511 covered
KAISER FOUNDATION HEALTH PLAN OF GEORGIA, INC. · health drug hmopremiums n/a · 66 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 30 covered
KAISER FOUNDATION HEALTH PLAN OF THE MID-ATLANTIC STATES, INC. · health drug hmopremiums n/a · 1,243 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 50 covered
VISION SERVICE PLAN · visionpremiums n/a · 20,896 covered
SECURIAN LIFE INSURANCE COMPANY · lifepremiums n/a · 44,089 covered
SECURIAN LIFE INSURANCE COMPANYpremiums n/a · 12,866 covered
AETNA LIFE INSURANCE COMPANY · health drug dental vision ppopremiums n/a · 43 covered
METROPOLITAN LIFE INSURANCE COMPANY · std ltdpremiums n/a · 25,060 covered
SPRING HEALTHpremiums n/a · 53,727 covered
Brokers & agents paid · 20252
MERCER HEALTH AND BENEFITS, LLC$690,131 · incl $187,128 fees
REWARDS PLUS OF AMERICA INSURANCE$63,894
Also brokered by Mercer5
Caterpillar Inc. TX$2,036,432
Ensign Services, Inc. CA$1,880,912
V2X Inc. CO$1,841,238
Iqvia Inc. NC$1,823,161
Love's Travel Stops & Country Stores OK$1,782,444
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 530116705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.