Ibew Local 43 & Electrical Contractors Welfare Fund Board of Trusteesbenefits
Ibew Local 43 and Electrical Contractors Welfare Fund · SYRACUSE, NY · plan year 2024
Broker compensation reported · 2024
$112,540
Ibew Local 43 & Electrical Contractors Welfare Fund Board of Trustees's benefits plans covered 1,117 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance brokers and agents were paid $112,540 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $101 per covered person, below the median for employer plans that report broker pay. Broker pay fell 4.4% from $117,720 in 2023.
Insurance contracts · 20246
THE UNION LABOR LIFE INSURANCE COMPANY · health lifepremiums n/a · 2,524 covered
AMALGAMATED LIFE INSURANCE COMPANY · stop-losspremiums n/a · 1,022 covered
THE UNION LABOR LIFE INSURANCE COMPANYpremiums n/a · 924 covered
HUMANA INSURANCE COMPANY OF NEW YORK · healthpremiums n/a · 283 covered
HUMANA INSURANCE COMPANY · healthpremiums n/a · 31 covered
DELTA DENTAL · dentalpremiums n/a · 2,480 covered
Brokers & agents paid · 20241
THE SEGAL COMPANY$112,540
Also brokered by Segal5
Schott Corporation NY$1,712,458
Trustees of Pipe Fitters Welfare Fund IL$411,404
Schlumberger Technology Corporation TX$379,131
Alkermes Inc. MA$308,463
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 156025163 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.