Plan Ledger DOL Form 5500 · updated monthly

International Union of Operting Eng. Pen Fund of E.Pennsylvania and Debenefits

International Union of Operating Engineers Pension Fund of Eastern Pennsylvania and Delaware · FORT WASHINGTON, PA · plan year 2024

Broker compensation reported · 2024
$69,000

International Union of Operting Eng. Pen Fund of E.Pennsylvania and De's benefits plans covered 2,822 active participants in 2024, providing life. Insurance premiums totaled $621,722. Insurance brokers and agents were paid $69,000 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.1% of premiums. That is $24 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 2.0% from $67,641 in 2023.

Insurance contracts · 20241
STANDARD INSURANCE COMPANY · life$622K · 4,799 covered
Brokers & agents paid · 20241
WADE FINANCIAL, INC.$69,000
Also brokered by Wade Financial, Inc.1

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 236405239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.