Board of Trustees of Automatic Sprinkler Local 281, U.A. Welfare Fundbenefits
Automatic Sprinkler Local 281, U.A. Welfare Fund · ALSIP, IL · plan year 2024
Broker compensation reported · 2024
$2,679
Board of Trustees of Automatic Sprinkler Local 281, U.A. Welfare Fund's benefits plans covered 985 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance brokers and agents were paid $2,679 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. Brokers were paid 3.1x the $875 reported for 2023.
Insurance contracts · 20245
DEARBORN LIFE INSURANCE COMPANY · lifepremiums n/a · 1,153 covered
HUMANA INSURANCE COMPANY · healthpremiums n/a · 690 covered
HUMANA INSURANCE COMPANY · healthpremiums n/a · 1 covered
AMERITAS LIFE INSURANCE CORP. · visionpremiums n/a · 1,533 covered
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 1,072 covered
Brokers & agents paid · 20241
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 362242666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.