Plan Ledger DOL Form 5500 · updated monthly

Board Trustees Ibew Local 252 Health & Welfare Trust Fundbenefits

Electrical Workers Local 252 Health & Welfare Plan · ANN ARBOR, MI · plan year 2024

Broker compensation reported · 2024
$71,330

Board Trustees Ibew Local 252 Health & Welfare Trust Fund's benefits plan covered 803 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $3,531,029. Insurance brokers and agents were paid $71,330 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.0% of premiums. That is $89 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF MICHIGAN · health stop-loss$1.9M · 2,163 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug$1.6M · 320 covered
DEARBORN LIFE INSURANCE COMPANY · lifepremiums n/a · 795 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drugpremiums n/a · 8 covered
Brokers & agents paid · 20243
SCOTT SETTLE$47,077
USI INS SRVCE LLC STOCKTON CONCORD$15,167 · incl $15,167 fees
KIMBERLY ANN WIXSON$9,086
Also brokered by Scott Settle5
Ifl Group, Inc. MI$66,578

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 386141764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.