Widget Federal Credit Unionbenefits

Widget Federal Credit Union's benefits plans covered 108 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $11,931. Insurance brokers and agents were paid $9,575 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 80.3% of premiums. That is $89 per covered person, below the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2023.