Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of the Cedar Rapids Sheet Metal Workers Local 263 Hebenefits

Cedar Rapids Sheet Metal Workers Local 263 Health & Welfare Fund · CEDAR RAPIDS, IA · plan year 2024

Broker compensation reported · 2024
$45,754

Board of Trustees of the Cedar Rapids Sheet Metal Workers Local 263 He's benefits plans covered 461 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $5,409,180. Insurance brokers and agents were paid $45,754 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.8% of premiums. That is $99 per covered person, below the median for employer plans that report broker pay. Broker pay rose 2.6% from $44,597 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF ILLINOIS · health$5.2M · 461 covered
BLUE CROSS BLUE SHIELD OF ILLINOIS · dental$244K · 1,024 covered
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 455 covered
THE UNION LABOR LIFE INSURANCE COMPANY · lifepremiums n/a · 469 covered
Brokers & agents paid · 20242
COMMERCIAL GROUP INTERMEDIARIES$45,097
Individual agent · names withheld$657

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Commercial Group Intermediaries4
Unytite, Inc. IL$1,087

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 426498548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.