Board of Trustees, Waterfront Employers -I.L.A. Welfare Planbenefits
Waterfront Employers-I.L.A. Welfare Plan · CHARLESTON, SC · plan year 2024
Broker compensation reported · 2024
$158,860
Board of Trustees, Waterfront Employers -I.L.A. Welfare Plan's benefits plans covered 1,435 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance brokers and agents were paid $158,860 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $111 per covered person, below the median for employer plans that report broker pay. Broker pay rose 33% from $119,384 in 2023.
Insurance contracts · 20241
DEARBORN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 1,431 covered
Brokers & agents paid · 20241
CORNERSTONE FINANCIAL LLC$158,860 · incl $44,142 fees
Also brokered by Cornerstone Financial LLC1
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 570381219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.