Plan Ledger DOL Form 5500 · updated monthly

Jt Board Trustees Ibew Local 252 Health and Welfare Trust Fundbenefits

Electrical Workers Local 252 Health & Welfare Pl · ANN ARBOR, MI · plan year 2023

Broker compensation reported · 2023
$41,978

Jt Board Trustees Ibew Local 252 Health and Welfare Trust Fund's benefits plan covered 718 active participants in 2023, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $2,325,568. Insurance brokers and agents were paid $41,978 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.8% of premiums. That is $58 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 20234
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug$1.3M · 316 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health stop-loss$964K · 2,018 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug$57K · 17 covered
DEARBORN NATIONAL · lifepremiums n/a · 707 covered
Brokers & agents paid · 20232
SCOTT SETTLE$33,328
USI INS SRVCE LLC STOCKTON CONCORD$8,650 · incl $8,650 fees
Also brokered by Scott Settle5
Benesys, Inc. MI$64,582
Ifl Group, Inc. MI$58,323

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 386141764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.