Plan Ledger DOL Form 5500 · updated monthly

Laborers' District Council Heavy & Highway Health & Welfare Fundbenefits

Laborers' District Council Heavy & Highway Health & Welfare Fund · PHILADELPHIA, PA · plan year 2024

Broker compensation reported · 2024
$91,848

Laborers' District Council Heavy & Highway Health & Welfare Fund's benefits plans covered 2,624 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $890,233. Insurance brokers and agents were paid $91,848 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.3% of premiums. That is $35 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 13% from $81,641 in 2023.

Insurance contracts · 20244
THE UNION LABOR LIFE INSURANCE COMPANY · life std$890K · 2,454 covered
THE UNION LABOR LIFE INSURANCE COMPANY · life stdpremiums n/a · 2,454 covered
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 2,323 covered
BLUE MEDICARE ADVANTAGEpremiums n/a · 91 covered
Brokers & agents paid · 20242
P.K. FINANCIAL GROUP, LLC$84,442
RICHARD GABRIEL ASSOCIATES$7,406

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 231527636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.