Virginia Federal Credit Unionbenefits

Virginia Federal Credit Union's benefits plan covered 1,049 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,952,546. Insurance brokers and agents were paid $185,536 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.5% of premiums. That is $177 per covered person, below the median for employer plans that report broker pay.