Tower Federal Credit Unionbenefits
Tower Federal Credit Union Health and Welfare Benefits Plan · LAUREL, MD · plan year 2024
Broker compensation reported · 2024
$23,308
Tower Federal Credit Union's benefits plans covered 256 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $23,308 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $91 per covered person, below the median for employer plans that report broker pay. Broker pay rose 19% from $19,591 in 2023.
Insurance contracts · 20242
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 834 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 603 covered
Brokers & agents paid · 20242
HAYS COMPANIES$2,179
Also brokered by Brown & Brown5
Beth Israel Lahey Health, Inc. MA$3,690,428
Dana-Farber Cancer Institute, Inc. MA$1,776,211
Bj's Wholesale Club, Inc. MA$1,391,058
Srm Concrete, LLC TN$1,315,284
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 520214895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.