Board of Trustees of Masons Health & Welfare Trust Fundbenefits
Masons Health & Welfare Plan · HONOLULU, HI · plan year 2024
Board of Trustees of Masons Health & Welfare Trust Fund's benefits plans covered 665 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $315,105. Insurance brokers and agents were paid $514,124 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 163.2% of premiums. That is $773 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 4.6% from $538,710 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 996014747 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.