Vibe Credit Unionbenefits

Vibe Credit Union's benefits plans covered 236 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other · vision. Insurance premiums totaled $306,478. Insurance brokers and agents were paid $200,607 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 65.5% of premiums. That is $850 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 4.8% from $210,693 in 2023.