Ironworkers Local 11 Welfare Fund Board of Trusteesbenefits
Ironworkers Local 11 Welfare Fund · SPRINGFIELD, NJ · plan year 2024
Broker compensation reported · 2024
$113,170
Ironworkers Local 11 Welfare Fund Board of Trustees's benefits plans covered 1,007 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $113,170 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $112 per covered person, below the median for employer plans that report broker pay. Broker pay rose 54% from $73,582 in 2023.
Insurance contracts · 20242
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 1,035 covered
SYMETRA LIFE INSURANCE COMPANY · lifepremiums n/a · 1,007 covered
Brokers & agents paid · 20242
BOLTON PARTNERS NORTHEAST, INC.$101,139 · incl $37,543 fees
BOLTON PARTNERS NORTHEAST$12,031
Also brokered by Bolton Partners Northeast, Inc.4
Allied Workers Local No. 26 Welfare Fund NY$23,783
Ibew 325 Joint Trust Fund NY$3,810
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 226041517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.