Board of Trustees of Illinois State Painters Welfare Fundbenefits
Illinois State Painters Welfare Fund · SCHAUMBURG, IL · plan year 2024
Board of Trustees of Illinois State Painters Welfare Fund's benefits plans covered 790 active participants in 2024, providing health · dental · vision · short-term disability · death benefits. Insurance premiums totaled $9,039,590. Insurance brokers and agents were paid $2,494 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.0% of premiums. That is $3 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 19% from $3,064 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 366053429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.