Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees for Local 489 Health and Welfare Planbenefits

Local 489 Plumbers and Steamfitters Health and Welfare Plan · CUMBERLAND, MD · plan year 2024

Broker compensation reported · 2024
$29,268

Board of Trustees for Local 489 Health and Welfare Plan's benefits plans covered 110 active participants in 2024, providing health · life · short-term disability. Insurance brokers and agents were paid $29,268 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $266 per covered person, above the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2023.

Insurance contracts · 20241
GERBER LIFE · stop-losspremiums n/a · 113 covered
Brokers & agents paid · 20241
NATIONAL BROKERAGE SERVICES, INC.$29,268
Also brokered by National Brokerage Services, Inc.1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521045309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.