Veridian Credit Unionbenefits
Veridian Credit Union Welfare Plan · WATERLOO, IA · plan year 2025
Veridian Credit Union's benefits plans covered 889 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $11,230,668. Insurance brokers and agents were paid $181,494 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.6% of premiums. That is $204 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.0% from $169,664 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 421132695 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.