Iujat Local 175 Benefit Fundbenefits

Iujat Local 175 Benefit Fund's benefits plans covered 129 active participants in 2024, providing health. Insurance premiums totaled $3,074,941. Insurance brokers and agents were paid $118,267 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $917 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 2.1% from $115,834 in 2023.