Board of Trustees Ibew Local 17 Health and Welfare Fundbenefits
International Brotherhood of Electrical Workers Local 17 Health & Welfare Fund · TROY, MI · plan year 2024
Broker compensation reported · 2024
$145,238
Board of Trustees Ibew Local 17 Health and Welfare Fund's benefits plans covered 2,999 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance brokers and agents were paid $145,238 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $48 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 27% from $114,322 in 2023.
Insurance contracts · 20244
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 2,737 covered
HAP PREFERRED INC.premiums n/a
HUMANA INSURANCE COMPANY · health ppopremiums n/a · 223 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 2,994 covered
Brokers & agents paid · 20243
MACQUEEN & ASSOCIATES LLC$115,534 · incl $35,266 fees
BENESYS, INC.$26,576
Also brokered by Macqueen & Associates LLC5
Prefix Corporation MI$23,864
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 237080551 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.