Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Local 295 I.B.T. Employer Group Welfare Fundbenefits

Local 295 I.B.T. Employer Group Welfare Fund · NEW YORK, NY · plan year 2023

Broker compensation reported · 2023
$322,295

Board of Trustees of Local 295 I.B.T. Employer Group Welfare Fund's benefits plan covered 1,249 active participants in 2023, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $322,295 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $258 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20232
LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK · lifepremiums n/a · 1,277 covered
AETNA LIFE INSURANCE · ppopremiums n/a · 519 covered
Brokers & agents paid · 20233
LABOR FIRST, LLC$309,978
J N SAVASTA CORP$7,467 · incl $3,234 fees
DONALD C SAVOY INC$4,850 · incl $4,850 fees
Also brokered by Labor First, LLC3

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2023, EIN 510243781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.