Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, Sheet Metal Lcl Union No 25 Njbenefits

Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund · CARLSTADT, NJ · plan year 2024

Broker compensation reported · 2024
$24,306

Board of Trustees, Sheet Metal Lcl Union No 25 Nj's benefits plans covered 371 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance brokers and agents were paid $24,306 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $66 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 44% from $43,196 in 2023.

Insurance contracts · 20244
EMPOWER ANNUITY INSURANCE COMPANYpremiums n/a
UNICARE LIFE & HEALTH INSURANCE COMPANY · lifepremiums n/a · 653 covered
AMALGAMATED LIFE INSURANCE COMPANY · stop-losspremiums n/a · 424 covered
SIERRA HEALTH AND LIFE INSURANCE COMPANY INC. · drugpremiums n/a · 502 covered
Brokers & agents paid · 20241
CONTEMPORARY STRATEGIC SOLUTIONS$24,306
Also brokered by Contemporary Strategic Solutions5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222586287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.