Whitefich Credit Unionbenefits

Whitefich Credit Union's benefits plans covered 210 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $172,107. Insurance brokers and agents were paid $33,396 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.4% of premiums. That is $159 per covered person, below the median for employer plans that report broker pay. Broker pay fell 3.6% from $34,652 in 2023.