Board of Trustees of the Electrical Industry Group Life Fundbenefits
The Electrical Industry Group Life Fund · FLUSHING, NY · plan year 2024
Broker compensation reported · 2024
$26,755
Board of Trustees of the Electrical Industry Group Life Fund's benefits plans covered 200 active participants in 2024, providing life · death benefits. Insurance brokers and agents were paid $26,755 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $134 per covered person, below the median for employer plans that report broker pay. Broker pay rose 13% from $23,737 in 2023.
Insurance contracts · 20242
LINCOLN LIFE & ANNUITY COMPANY OF NEW YORKpremiums n/a · 200 covered
LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK · lifepremiums n/a · 200 covered
Brokers & agents paid · 20242
ACRISURE LLC$12,282 · incl $6,422 fees
EMERSON ROGERS LLC$14,473 · incl $14,473 fees
Also brokered by Acrisure5
Altamed Health Services Corp. CA$2,377,740
Republic Services, Inc. AZ$1,311,049
Memorial Health Services CA$1,100,427
Acrisure LLC MI$829,246
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 131884504 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.