Board of Trustees, Pensioned Operating Engineersbenefits

Board of Trustees, Pensioned Operating Engineers's benefits plans covered 9,107 active participants in 2024, providing health · dental · vision · death benefits · other. Insurance premiums totaled $7,666,026. Insurance brokers and agents were paid $22,321 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.3% of premiums. That is $2 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 123% from $10,000 in 2023.