Plan Ledger DOL Form 5500 · updated monthly

International Brotherhood of Electrical Workersbenefits

Ibew Local 1245 Members Life Insurance · VACAVILLE, CA · plan year 2024

Broker compensation reported · 2024
$28,629

International Brotherhood of Electrical Workers's benefits plans covered 22,438 active participants in 2024, providing life. Insurance brokers and agents were paid $28,629 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.

Insurance contracts · 20241
SYMETRA LIFE INSURANCE COMPANY · lifepremiums n/a · 22,438 covered
Brokers & agents paid · 20241
COLT EMPLOYEE BENEFITS$28,629

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 940938402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.