Board of Trustees, Heavy & General Laborers Welfare Fund of New Jerseybenefits
Heavy & General Laborers' Local 472 & Local 172 of Nj- Welfare Fund · NEWARK, NJ · plan year 2024
Board of Trustees, Heavy & General Laborers Welfare Fund of New Jersey's benefits plans covered 7,130 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance brokers and agents were paid $303,467 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $43 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 133% from $130,347 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 221481564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.