Plan Ledger DOL Form 5500 · updated monthly

Local 18, International Union of Operating Engineersbenefits

Local 18, I.U.O.E., Group Insurance for Members · CLEVELAND, OH · plan year 2024

Broker compensation reported · 2024
$10,782

Local 18, International Union of Operating Engineers's benefits plans covered 3,263 active participants in 2024, providing life · other. Insurance brokers and agents were paid $10,782 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $3 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 22% from $13,837 in 2023.

Insurance contracts · 20241
RELIASTAR LIFE INSURANCE COMPANY · lifepremiums n/a · 3,263 covered
Brokers & agents paid · 20241
KOCHER INSURANCE GROUP, INC$10,782 · incl $5,391 fees
Also brokered by Kocher Insurance Group, Inc1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 340200322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.