Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of the Road Carriers Local 707 Welfare Fundbenefits

Road Carriers Local 707 Welfare Fund · HEMPSTEAD, NY · plan year 2024

Broker compensation reported · 2024
$28,273

Board of Trustees of the Road Carriers Local 707 Welfare Fund's benefits plans covered 669 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance brokers and agents were paid $28,273 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $42 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 27% from $38,756 in 2023.

Insurance contracts · 20243
AMALGAMATED LIFE INSURANCE CO.premiums n/a · 1,533 covered
AMALGAMATED LIFE INSURANCE CO. · lifepremiums n/a · 660 covered
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 661 covered
Brokers & agents paid · 20242
Also brokered by Acrisure5
Acrisure LLC MI$829,246

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 112159859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.