Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Laborers Local 231 Health & Welfare Planbenefits

Laborers Local 231 Health & Welfare Plan · PEKIN, IL · plan year 2024

Broker compensation reported · 2024
$10,218

Board of Trustees of Laborers Local 231 Health & Welfare Plan's benefits plans covered 368 active participants in 2024, providing health · life · dental. Insurance premiums totaled $3,864,582. Insurance brokers and agents were paid $10,218 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.3% of premiums. That is $28 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 45% from $18,685 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD · health ppo$3.9M · 922 covered
DEARBORN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 387 covered
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 369 covered
Brokers & agents paid · 20242
THE UNION LABOR LIFE INSURANCE COMP$9,226 · incl $9,226 fees
ULLICO INVESTMENT COMPANY, LLC$992
Also brokered by The Union Labor Life Insurance Comp5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 376031467 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.