Board of Trustees Local 888 Health Fundbenefits
Local 888 Health Fund · ELMWOOD PARK, NJ · plan year 2024
Broker compensation reported · 2024
$26,274
Board of Trustees Local 888 Health Fund's benefits plans covered 1,318 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance brokers and agents were paid $26,274 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $20 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 63% from $71,969 in 2023.
Insurance contracts · 20243
ANTHEM LIFE & DISABILITY INSURANCE COMPANY · lifepremiums n/a · 1,992 covered
HCC LIFE INSURANCE COMPANY · stop-losspremiums n/a · 1,320 covered
SOLSTICE BENEFITS, INC. · dentalpremiums n/a · 2,435 covered
Brokers & agents paid · 20241
THE SEGAL COMPANY$26,274
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 131564856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.