Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Massachusetts Laborers Health and Welfare Fundbenefits

Massachusetts Laborers' Health and Welfare Fund · BURLINGTON, MA · plan year 2024

Broker compensation reported · 2024
$108,140

Board of Trustees of Massachusetts Laborers Health and Welfare Fund's benefits plans covered 11,214 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance brokers and agents were paid $108,140 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $10 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 5.4% from $102,610 in 2023.

Insurance contracts · 20243
THE UNION LABOR LIFE INSURANCE COMPANY · lifepremiums n/a · 10,397 covered
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 10,852 covered
Brokers & agents paid · 20242
THE UNION LABOR LIFE INSURANCE CO$102,362 · incl $102,362 fees
Also brokered by The Union Labor Life Insurance Co3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042214296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.