Board of Trustees of Local 1 Welfare Fund No. 1benefits

Board of Trustees of Local 1 Welfare Fund No. 1's benefits plans covered 584 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance brokers and agents were paid $8,239 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $14 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 14% from $7,200 in 2023.