Board of Trustees Midwest Operating Engineers Welfare Fundbenefits
Midwest Operating Engineers Welfare Fund · COUNTRYSIDE, IL · plan year 2024
Broker compensation reported · 2024
$46,882
Board of Trustees Midwest Operating Engineers Welfare Fund's benefits plans covered 15,073 active participants in 2024, providing health · dental · vision · short-term disability · death benefits · other. Insurance brokers and agents were paid $46,882 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $3 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.
Insurance contracts · 20241
RELIASTAR LIFE INSURANCE COMPANY · lifepremiums n/a · 33,439 covered
Brokers & agents paid · 20241
KOCHER INSURANCE GROUP, INC.$46,882 · incl $23,441 fees
Also brokered by Kocher Insurance Group, Inc.2
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 366109395 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.