Board of Trustees International Brotherh Electrical Workers Pension Plbenefits
International Brotherhood of Electrical Workers Local Union 98 Pension Plan · PHILADELPHIA, PA · plan year 2024
Broker compensation reported · 2024
$82,878
Board of Trustees International Brotherh Electrical Workers Pension Pl's benefits plans covered 2,508 active participants in 2024, providing death benefits. Insurance brokers and agents were paid $82,878 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 10.8x the $7,679 reported for 2023.
Insurance contracts · 20241
UNION LABOR LIFE INSURANCE COMPANYpremiums n/a
Brokers & agents paid · 20241
ULLICO INVESTMENT COMPANY$82,878 · incl $74,833 fees
Also brokered by Ullico Investment Company5
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 231990722 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.