Plan Ledger DOL Form 5500 · updated monthly

Joint Welfare Fund Local Union 164 Ibewbenefits

Joint Welfare Fund of Local Union 164 Ibew · ROSELAND, NJ · plan year 2024

Broker compensation reported · 2024
$27,433

Joint Welfare Fund Local Union 164 Ibew's benefits plans covered 2,291 active participants in 2024, providing health · dental · vision. Insurance brokers and agents were paid $27,433 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $12 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 5.4% from $26,037 in 2023.

Insurance contracts · 20241
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 3,340 covered
Brokers & agents paid · 20241
BENEFIT MALL$27,433
Also brokered by Benefit Mall5
Marin Airporter CA$11,150

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 221537766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.