Plan Ledger DOL Form 5500 · updated monthly

Utah Community Federal Credit Unionbenefits

Utah Community Federal Credit Union Employee Benefits Plan · PROVO, UT · plan year 2024

Broker compensation reported · 2024
$210,784

Utah Community Federal Credit Union's benefits plans covered 260 active participants in 2024, providing health · life · dental · long-term disability · other. Insurance brokers and agents were paid $210,784 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $811 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 9.1% from $193,164 in 2023.

Insurance contracts · 20246
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 782 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 313 covered
SELECTHEALTH · healthpremiums n/a · 638 covered
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 418 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 114 covered
SELECTHEALTH · healthpremiums n/a · 2 covered
Brokers & agents paid · 20243
SHUMWAY INSURANCE GROUP$207,980 · incl $41,782 fees
IMG$45 · incl $45 fees
Also brokered by Shumway Insurance Group2
Central Bank UT$87,134

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 870231088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.