Plan Ledger DOL Form 5500 · updated monthly

Ibew Local Union 241benefits

Ibew Local #241 Welfare Benefits Plan · ITHACA, NY · plan year 2024

Broker compensation reported · 2024
$24,067

Ibew Local Union 241's benefits plans covered 170 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance brokers and agents were paid $24,067 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $142 per covered person, below the median for employer plans that report broker pay. Broker pay rose 32% from $18,282 in 2023.

Insurance contracts · 20243
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 166 covered
THE UNION LABOR LIFE INSURANCE COMPANY · lifepremiums n/a · 203 covered
THE UNION LABOR LIFE INSURANCE COMPANYpremiums n/a · 188 covered
Brokers & agents paid · 20241
Also brokered by Ap Benefit Advisors LLC5
X-Energy, LLC MD$340,088
Sikich LLP IL$315,546

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 150347948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.