Plan Ledger DOL Form 5500 · updated monthly

Northern Credit Unionbenefits

Northern Credit Union Welfare Benefits Plan · WATERTOWN, NY · plan year 2025

Broker compensation reported · 2025
$101,215

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.

Insurance contracts · 20254
STANDARD LIFE INS CO OF NY · ltd$12K · 152 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision lifepremiums n/a · 152 covered
MVP HEALTHCARE · healthpremiums n/a · 233 covered
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 155 covered
Brokers & agents paid · 20254
ROBERT G RELPH AGENCY, INC$83,568
ALERA GROUP, INC.$9,303 · incl $9,303 fees
ALERA GROUP INC.$4,097
ROBERT G RELPH AGENCY INC.$4,247
Also brokered by Robert G Relph Agency, Inc5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 150580359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.