Laborers' International Union of N.A Local 17 Health Benefit Fundbenefits
Laborers' Local No. 17 Health Benefit Fund · NEWBURGH, NY · plan year 2024
Laborers' International Union of N.A Local 17 Health Benefit Fund's benefits plans covered 616 active participants in 2024, providing health · dental · vision · short-term disability · death benefits · other · life. Insurance premiums totaled $46,328. Insurance brokers and agents were paid $3,284 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $5 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 18% from $2,780 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 146022217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.