Plan Ledger DOL Form 5500 · updated monthly

Health & Welfare Trust Fd Iuoe Local 877 & 70benefits

Health & Welfare Trust Fund of the Iuoe Locals No. 877 and 70 · NORWOOD, MA · plan year 2024

Broker compensation reported · 2024
$27,282

Health & Welfare Trust Fd Iuoe Local 877 & 70's benefits plans covered 670 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $27,282 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $41 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 25% from $36,538 in 2023.

Insurance contracts · 20243
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 311 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 439 covered
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 800 covered
Brokers & agents paid · 20241
THE HILB GROUP OF NEW ENGLAND LLC$27,282
Also brokered by The Hilb Group of New England LLC5
Carroll School MA$109,530

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042624972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.