Sandia Laboratory Federal Credit Unionbenefits

Sandia Laboratory Federal Credit Union's benefits plan covered 492 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $304,234. Insurance brokers and agents were paid $266,257 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 87.5% of premiums. That is $541 per covered person, in the top quarter of employer plans that report broker pay.