Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Local 318 Health & Welfare Trust Fundbenefits

Usw Local 318 Health & Welfare Trust Fund · BARNEGAT, NJ · plan year 2024

Broker compensation reported · 2024
$20,459

Board of Trustees Local 318 Health & Welfare Trust Fund's benefits plans covered 237 active participants in 2024, providing dental. Insurance brokers and agents were paid $20,459 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $86 per covered person, below the median for employer plans that report broker pay. Broker pay rose 8.2% from $18,914 in 2023.

Insurance contracts · 20243
CIGNA DENTAL HEALTH OF NEW JERSEY, INC. · dentalpremiums n/a · 236 covered
CIGNA DENTAL HEALTH OF PENNSYLVANIA INC. · dentalpremiums n/a · 2 covered
CIGNA HEALTH & LIFE INSURANCE COMPANY · dentalpremiums n/a · 265 covered
Brokers & agents paid · 20242
BUNKER HILL INSURANCE & CONSULTING$16,367
MARTIN INSURANCE GROUP$4,092 · incl $4,092 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 135661101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.