Tapco Credit Unionbenefits

Tapco Credit Union's benefits plans covered 104 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $93,573. Insurance brokers and agents were paid $90,779 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 97.0% of premiums. That is $873 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 9.2% from $83,108 in 2023.