Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Plumbers and Pipefitters Local 123 Welfare Fundbenefits

Plumbers & Pipefitters Local 123 Welfare Fund · JACKSONVILLE, FL · plan year 2024

Broker compensation reported · 2024
$17,253

Board of Trustees of Plumbers and Pipefitters Local 123 Welfare Fund's benefits plans covered 546 active participants in 2024, providing health · dental · vision · death benefits. Insurance brokers and agents were paid $17,253 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $32 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 4.5% from $18,067 in 2023.

Insurance contracts · 20242
HCC LIFE INSURANCE COMPANY · stop-losspremiums n/a · 559 covered
VISION SERVICE PLAN · visionpremiums n/a · 556 covered
Brokers & agents paid · 20241
STEALTH PARTNER GROUP LLC$17,253 · incl $17,253 fees
Also brokered by Stealth Partner Group LLC5
Smart DC$1,358,102

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 596134275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.