Board of Trustees Iron Workersbenefits

Board of Trustees Iron Workers's benefits plans covered 1,768 active participants in 2024, providing health · dental · vision · short-term disability. Insurance premiums totaled $178,702. Insurance brokers and agents were paid $19,698 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.0% of premiums. That is $11 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 7.4% from $18,336 in 2023.