Plan Ledger DOL Form 5500 · updated monthly

Orion Federal Credit Unionbenefits

Orion Federal Credit Union Life and Long Term Disability Insurance · MEMPHIS, TN · plan year 2025

Broker compensation reported · 2025
$103,894

Orion Federal Credit Union's benefits plans covered 179 active participants in 2025, providing life · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $103,894 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $580 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 19% from $127,543 in 2024.

Insurance contracts · 20253
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental visionpremiums n/a · 339 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 171 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 179 covered
Brokers & agents paid · 20253
GALLAGHER BENEFIT SERVICES, INC.$76,490 · incl $46,453 fees
FREDERICK C. SCHAEFFER JR$22,917 · incl $19,921 fees
FREDERICK SCHAEFFER JR$4,487
Also brokered by Gallagher5
Prisma Health SC$2,123,789

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 620586328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.