Ibew Local Union 347 & Iowa Chapter of Neca Board of Trusteesbenefits
Ibew Local Union 347 Health and Welfare Plan · TROY, MI · plan year 2025
Broker compensation reported · 2025
$178,323
Ibew Local Union 347 & Iowa Chapter of Neca Board of Trustees's benefits plans covered 2,099 active participants in 2025, providing health · dental · short-term disability · death benefits. Insurance brokers and agents were paid $178,323 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $85 per covered person, below the median for employer plans that report broker pay. Broker pay rose 5.8% from $168,564 in 2024.
Insurance contracts · 20253
DELTA DENTAL OF IOWA · dentalpremiums n/a · 2,205 covered
VISION SERVICE PLAN · visionpremiums n/a · 2,224 covered
UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 2,164 covered
Brokers & agents paid · 20251
NONE$178,323 · incl $178,323 fees
Also brokered by None1
Intermountain Home Services, LLC UT$31,076
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 237091121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.