Plan Ledger DOL Form 5500 · updated monthly

Truwest Credit Unionbenefits

Truwest Credit Union Health and Welfare Plan · TEMPE, AZ · plan year 2024

Broker compensation reported · 2024
$162,758

Truwest Credit Union's benefits plans covered 269 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $162,758 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $605 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 6.0% from $153,548 in 2023.

Insurance contracts · 20242
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental vision hmopremiums n/a · 232 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 269 covered
Brokers & agents paid · 20241
SENTINEL INSURANCE AGENCY, INC.$162,758 · incl $138,495 fees
Also brokered by Sentinel Insurance Agency, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 866050959 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.