Plan Ledger DOL Form 5500 · updated monthly

Verve, a Credit Unionbenefits

Verve, a Credit Union Health and Welfare Plan · OSHKOSH, WI · plan year 2024

Broker compensation reported · 2024
$58,147

Verve, a Credit Union's benefits plans covered 257 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $58,147 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $226 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.1% from $54,786 in 2023.

Insurance contracts · 20246
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 20 covered
SUPERIOR VISION INSURANCE PLAN OF WISCONSIN INC. · visionpremiums n/a · 148 covered
UNITED HEALTHCARE INSURANCE COMPANYpremiums n/a · 156 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 247 covered
Brokers & agents paid · 20246
LOCKTON COMPANIES LLC$47,590 · incl $7,791 fees
ZIMMERMAN, MICHAEL J$4,174 · incl $4,174 fees
LOCKTON COMPANIES, LLC-HOME OFFICE$2,327 · incl $2,327 fees
TIC INC$2,044
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 390711674 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.