Shell Federal Credit Unionbenefits

Shell Federal Credit Union's benefits plans covered 441 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $53,524. Insurance brokers and agents were paid $61,659 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 115.2% of premiums. That is $140 per covered person, below the median for employer plans that report broker pay. Broker pay fell 24% from $80,861 in 2023.