Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of the I.U.O.E. Local 14-14B Welfare Fundbenefits

International Union of Operating Engineers Local 14-14B Welfare Fd · FLUSHING, NY · plan year 2024

Broker compensation reported · 2024
$62,281

Board of Trustees of the I.U.O.E. Local 14-14B Welfare Fund's benefits plans covered 890 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance brokers and agents were paid $62,281 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $70 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 23% from $80,478 in 2023.

Insurance contracts · 20245
DENTCARE DELIVERY SYSTEMS, INC. · dentalpremiums n/a · 54 covered
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 958 covered
ZURICH AMERICAN INSURANCE COMPANY · stop-losspremiums n/a · 960 covered
THE UNION LABOR LIFE INSURANCE COMPANY · stdpremiums n/a · 867 covered
Brokers & agents paid · 20242
Also brokered by Segal5
Schott Corporation NY$1,712,458
Alkermes Inc. MA$308,463

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 112392159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.