Plan Ledger DOL Form 5500 · updated monthly

Brd of Tr of the Empl Sec Fd of the Elec Prod Ind-Health & Welfare Plbenefits

Employees Security Fund of the Elec Ind Health and Welfare Plan · FLUSHING, NY · plan year 2024

Broker compensation reported · 2024
$23,113

Brd of Tr of the Empl Sec Fd of the Elec Prod Ind-Health & Welfare Pl's benefits plans covered 1,510 active participants in 2024, providing health · dental · vision · death benefits. Insurance brokers and agents were paid $23,113 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $15 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 11% from $20,846 in 2023.

Insurance contracts · 20241
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 1,510 covered
Brokers & agents paid · 20241
BUCKINGHAM INSURANCE$23,113 · incl $11,556 fees
Also brokered by Buckingham Insurance5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 136100908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.