Construction Industry Health and Welfare Trustbenefits
Construction Industry Health and Welfare Plan · LEXINGTON, KY · plan year 2024
Construction Industry Health and Welfare Trust's benefits plans covered 1,627 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $5,676,966. Insurance brokers and agents were paid $8,738 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.2% of premiums. That is $5 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 5.6% from $9,257 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 616058688 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.