Seiu Local 503, Opeubenefits
Oregon Public Employees Union Member Life Plan · SALEM, OR · plan year 2025
Broker compensation reported · 2025
$109,928
Seiu Local 503, Opeu's benefits plans covered 43,983 active participants in 2025, providing life · short-term disability. Insurance brokers and agents were paid $109,928 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $2 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 9.8% from $121,815 in 2024.
Insurance contracts · 20254
ARAG INSURANCE COMPANYpremiums n/a · 2,298 covered
USABLE LIFE · lifepremiums n/a · 43,091 covered
USABLE LIFE · lifepremiums n/a · 1,555 covered
USABLE LIFE · stdpremiums n/a · 309 covered
Brokers & agents paid · 20253
VALLEY INSURANCE PROFESSIONALS$28,513
SEIU$28,513 · incl $28,513 fees
VALLEY INSURANCE PROFESSIONALS INC$52,902
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 930323147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.