Health and Welfare Trust Fund Local 103 Ibewbenefits
Local 103, I.B.E.W. Health Benefit Plan · BOSTON, MA · plan year 2023
Broker compensation reported · 2023
$41,398
Health and Welfare Trust Fund Local 103 Ibew's benefits plan covered 6,122 active participants in 2023, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $41,398 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $7 per covered person, in the bottom quarter of employer plans that report broker pay.
Insurance contracts · 20231
METROPOLITIAN LIFE INSURANCE COMPANY · lifepremiums n/a · 5,802 covered
Brokers & agents paid · 20231
CLEARY INSURANCE, INC$41,398
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 046063733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.