Board of Trustees Laborers Trust Fundbenefits
Laborers Trust Fund · SALEM, VA · plan year 2024
Broker compensation reported · 2024
$6,761
Board of Trustees Laborers Trust Fund's benefits plans covered 504 active participants in 2024, providing health · dental · vision · short-term disability · death benefits. Insurance brokers and agents were paid $6,761 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $13 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 11% from $6,101 in 2023.
Insurance contracts · 20241
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 619 covered
Brokers & agents paid · 20241
THE SEGAL COMPANY$6,761
Also brokered by Segal5
Schott Corporation NY$1,712,458
Trustees of Pipe Fitters Welfare Fund IL$411,404
Schlumberger Technology Corporation TX$379,131
Alkermes Inc. MA$308,463
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 540675443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.