Board of Trustees of Laborers Local 231 Health & Welfare Planbenefits
Laborers Local 231 Health & Welfare Plan · PEKIN, IL · plan year 2024
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.
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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.