Bd of Tr Derrickmens Welfare Fund, Local 197benefits

Bd of Tr Derrickmens Welfare Fund, Local 197's benefits plans covered 140 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance brokers and agents were paid $75,265 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $538 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 16% from $64,914 in 2023.