Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Sheet Metal Workers Local 58 Welfare Fundbenefits

Sheet Metal Workers Local #58 Welfare Fund · EAST SYRACUSE, NY · plan year 2024

Broker compensation reported · 2024
$29,910

Board of Trustees Sheet Metal Workers Local 58 Welfare Fund's benefits plans covered 157 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance brokers and agents were paid $29,910 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $191 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $24,612 in 2023.

Insurance contracts · 20242
THE UNION LABOR LIFE INSURANCE COMPANY · lifepremiums n/a · 169 covered
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 168 covered
Brokers & agents paid · 20242
ENV INSURANCE AGENCY LLC$667
Also brokered by Ap Benefit Advisors LLC5
X-Energy, LLC MD$340,088
Sikich LLP IL$315,546

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 150564137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.