Board of Trustees Plumbers and Pipefitters Local 45benefits

Board of Trustees Plumbers and Pipefitters Local 45's benefits plan covered 161 active participants in 2023, providing health · dental · vision · short-term disability · death benefits. Insurance premiums totaled $348,026. Insurance brokers and agents were paid $36,016 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.3% of premiums. That is $224 per covered person, above the median for employer plans that report broker pay.