Plan Ledger DOL Form 5500 · updated monthly

Ibew Local 269 Welfare Fundbenefits

Ibew Local 269 Welfare Plan · WEST TRENTON, NJ · plan year 2024

Broker compensation reported · 2024
$68,075

Ibew Local 269 Welfare Fund's benefits plans covered 819 active participants in 2024, providing health · life · dental · vision. Insurance brokers and agents were paid $68,075 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $83 per covered person, below the median for employer plans that report broker pay. Broker pay rose 25% from $54,334 in 2023.

Insurance contracts · 20243
DELTA DENTAL OF NEW JERSEY, INC · dentalpremiums n/a · 1,134 covered
AETNA LIFE INSURANCE COMPANY · stop-losspremiums n/a · 995 covered
AMALGAMATED LIFE INSURANCE COMPANY · lifepremiums n/a · 834 covered
Brokers & agents paid · 20241
LAKESHORE BENEFIT GROUP$68,075
Also brokered by Lakeshore Benefit Group4

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223693537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.