Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Iron Workers Local 580 Shop Welfare Fundbenefits

Iron Workers Local 580 Shop Welfare Fund · NEW YORK, NY · plan year 2024

Broker compensation reported · 2024
$39,796

Board of Trustees Iron Workers Local 580 Shop Welfare Fund's benefits plans covered 34 active participants in 2024, providing health · life · dental. Insurance brokers and agents were paid $39,796 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,170 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 3.8% from $41,364 in 2023.

Insurance contracts · 20243
AMALGAMATED LIFE INSURANCE COMPANY · lifepremiums n/a · 36 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 38 covered
ANTHEM BLUE CROSS AND BLUE SHIELD · healthpremiums n/a · 39 covered
Brokers & agents paid · 20241
Also brokered by Segal5
Schott Corporation NY$1,712,458
Alkermes Inc. MA$308,463

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 135552901 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.