Plan Ledger DOL Form 5500 · updated monthly

Iron Workers Local 8 Welfare Fundbenefits

Iron Workers Local 8 Welfare Fund · OAK BROOK, IL · plan year 2024

Broker compensation reported · 2024
$3,232

Iron Workers Local 8 Welfare Fund's benefits plans covered 982 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance brokers and agents were paid $3,232 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $3 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 5.4% from $3,065 in 2023.

Insurance contracts · 20243
THE UNION LABOR LIFE INSURANCE COMPANY · lifepremiums n/a · 1,121 covered
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 1,175 covered
RELIANT STAR LIFE INSURANCE COMPANY · lifepremiums n/a · 1,014 covered
Brokers & agents paid · 20242
KOCHER INSURANCE GROUP, INC$167
Also brokered by Segal5
Schott Corporation NY$1,712,458
Alkermes Inc. MA$308,463

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 390855190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.