Plan Ledger DOL Form 5500 · updated monthly

Iron Workers Local Union 401 Supplemental Welfare Fundbenefits

Iron Workers Local Union 401 Supplemental Welfare · PHILADELPHIA, PA · plan year 2024

Broker compensation reported · 2024
$35,410

Iron Workers Local Union 401 Supplemental Welfare Fund's benefits plans covered 362 active participants in 2024, providing health. Insurance brokers and agents were paid $35,410 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $98 per covered person, below the median for employer plans that report broker pay. Broker pay rose 16% from $30,450 in 2023.

Insurance contracts · 20244
HUMANA INSURANCE COMPANY · drugpremiums n/a · 352 covered
HUMANA INSURANCE COMPANY OF NEW YORK · drugpremiums n/a · 4 covered
HARTFORD LIFE AND ACCIDENT · health ltdpremiums n/a · 362 covered
SIERRA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 366 covered
Brokers & agents paid · 20242
LABOR-FIRST LLC$19,332
JAMES R. NELLIGAN & ASSOCIATES, LLC$16,078 · incl $4,649 fees
Also brokered by Labor-First LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223867031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.