Plan Ledger DOL Form 5500 · updated monthly

Tropical Financial Credit Unionbenefits

Tropical Financial Credit Union Employee Welfare Plan · MIRAMAR, FL · plan year 2025

Broker compensation reported · 2025
$28,767

Tropical Financial Credit Union's benefits plans covered 167 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $28,767 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $172 per covered person, below the median for employer plans that report broker pay. Broker pay fell 44% from $51,629 in 2024.

Insurance contracts · 20255
EMPHESYS INSURANCE COMPANY · health drugpremiums n/a · 18 covered
MANAGED CARE CONCEPTSpremiums n/a · 175 covered
PREFERRED LEGALpremiums n/a · 56 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 167 covered
Brokers & agents paid · 20253
MARSH AND MCLENNAN AGENCY, LLC$27,603 · incl $1,725 fees
US ENROLLMENT SERVICES$248
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 590637653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.