Ibew Local 456 Health & Welfare Fundbenefits
I.B.E.W. Local 456 Health & Welfare Plan · WEST TRENTON, NJ · plan year 2024
Broker compensation reported · 2024
$47,126
Ibew Local 456 Health & Welfare Fund's benefits plans covered 1,315 active participants in 2024, providing health · dental · short-term disability. Insurance brokers and agents were paid $47,126 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $36 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 39% from $77,763 in 2023.
Insurance contracts · 20242
THE UNION LABOR LIFE INSURANCE COMPANY · lifepremiums n/a · 777 covered
AETNA LIFE INSURANCE CO. · stop-losspremiums n/a · 907 covered
Brokers & agents paid · 20241
LAKESHORE BENEFIT GROUP INSURANCE$47,126
Also brokered by Lakeshore Benefit Group Insurance3
Local Union 94 Ibew NJ$26,332
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222317253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.