Webster First Federal Credit Unionbenefits

Webster First Federal Credit Union's benefits plans covered 198 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $143,751. Insurance brokers and agents were paid $54,362 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 37.8% of premiums. That is $275 per covered person, above the median for employer plans that report broker pay. Broker pay rose 30% from $41,683 in 2023.