Board of Trustees - Afl-Cio Mutual Benefit Planbenefits

Board of Trustees - Afl-Cio Mutual Benefit Plan's benefits plans covered 146,789 active participants in 2024, providing health · life · short-term disability · other. Insurance premiums totaled $2,246,849. Insurance brokers and agents were paid $2,488,077 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 110.7% of premiums. That is $17 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 5.5% from $2,633,760 in 2023.