Sunward Federal Credit Unionbenefits
Sunward Federal Credit Union Wrapper Plan · ALBUQUERQUE, NM · plan year 2025
Sunward Federal Credit Union's benefits plans covered 583 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $346,489. Insurance brokers and agents were paid $301,857 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 87.1% of premiums. That is $518 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 5.7% from $320,151 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 850113445 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.