Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Illinois State Painters Welfare Fundbenefits

Illinois State Painters Welfare Fund · SCHAUMBURG, IL · plan year 2024

Broker compensation reported · 2024
$2,494

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.

Insurance contracts · 20244
BLUE CROSS AND BLUE SHEILD · health ppo$9.0M · 1,947 covered
AMALGAMATED LIFE INSURANCE COMPANY · stop-losspremiums n/a · 809 covered
DELTA DENTAL · dentalpremiums n/a · 815 covered
Brokers & agents paid · 20242
THE UNION LABOR LIFE INSURANCE COMP$2,252
ULLICO INVESTMENT COMPANY$242
Also brokered by The Union Labor Life Insurance Comp5

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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.