Westreet Federal Credit Unionbenefits

Westreet Federal Credit Union's benefits plans covered 184 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $147,934. Insurance brokers and agents were paid $27,956 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.9% of premiums. That is $152 per covered person, below the median for employer plans that report broker pay. Broker pay fell 4.5% from $29,278 in 2023.