Plan Ledger DOL Form 5500 · updated monthly

Joint Board of Trustees Sheet Metal Workers Local 7, Zonebenefits

Sheet Metal Workers Local Union No. 7 Zone 2 Health Care Plan · LANSING, MI · plan year 2024

Broker compensation reported · 2024
$34,124

Joint Board of Trustees Sheet Metal Workers Local 7, Zone's benefits plans covered 452 active participants in 2024, providing health · dental · vision · short-term disability · death benefits. Insurance brokers and agents were paid $34,124 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $75 per covered person, below the median for employer plans that report broker pay. Broker pay rose 17% from $29,264 in 2023.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD OF MICHIGAN · stop-losspremiums n/a · 529 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmopremiums n/a · 24 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN MEDICARE ADVANTAGE · health drugpremiums n/a · 68 covered
Brokers & agents paid · 20243
GREGG GOODMAN$4,986
KARLA SCOTT$28,400 · incl $25,962 fees
TIC INTERNATIONAL$738 · incl $738 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 386075386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.