Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Plumbers Lu 690 Health Planbenefits

Plumbers Local Union No. 690 Health Plan · PHILADELPHIA, PA · plan year 2024

Broker compensation reported · 2024
$21,788

Board of Trustees of Plumbers Lu 690 Health Plan's benefits plans covered 900 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $173,985. Insurance brokers and agents were paid $21,788 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.5% of premiums. That is $24 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 34% from $16,310 in 2023.

Insurance contracts · 20244
STANDARD INSURANCE COMPANY · life$174K · 885 covered
DELTA DENTAL OF PENNSYLVANIA · dentalpremiums n/a · 2,296 covered
FIDELIO INSURANCE COMPANY · dentalpremiums n/a · 150 covered
GERBER LIFE INSURANCE COMPANY · lifepremiums n/a · 1,480 covered
Brokers & agents paid · 20242
WADE FINANCIAL INC.$18,885
DELAWARE VALLEY HLTH CARE COALITION$2,903
Also brokered by Wade Financial Inc.2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 231512313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.