Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Teamsters Local 493 Health Services & Ins Planbenefits

Teamsters Local 493 Health Service & Insurance Plan · UNCASVILLE, CT · plan year 2024

Broker compensation reported · 2024
$1,032

Board of Trustees Teamsters Local 493 Health Services & Ins Plan's benefits plans covered 829 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance brokers and agents were paid $1,032 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 42% from $1,771 in 2023.

Insurance contracts · 20241
STANDARD INSURANCE COMPANY · lifepremiums n/a · 828 covered
Brokers & agents paid · 20241
MPL LLC$1,032
Also brokered by Mpl LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 060942903 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.