Plan Ledger DOL Form 5500 · updated monthly

Security Service Federal Credit Unionbenefits

Security Service Federal Credit Union Employee Benefit Plan · SAN ANTONIO, TX · plan year 2024

Broker compensation reported · 2024
$402,638

Security Service Federal Credit Union's benefits plans covered 1,982 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $402,638 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $203 per covered person, above the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2023.

Insurance contracts · 20245
BLUECROSS BLUESHIELD OF TEXAS · dentalpremiums n/a · 3,090 covered
SPRING HEALTHpremiums n/a · 1,982 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 758 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 1,957 covered
Brokers & agents paid · 20241
GALLAGHER BENEFIT SERVICES, INC.$402,638 · incl $118,497 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 741277697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.