Northern Credit Unionbenefits
Northern Credit Union Welfare Benefits Plan · WATERTOWN, NY · plan year 2025
Northern Credit Union's benefits plans covered 152 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $12,443. Insurance brokers and agents were paid $101,215 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 813.4% of premiums. That is $666 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 12% from $90,710 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 150580359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.