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