Local 295 I.B.T. Employer Group Welfare Fundbenefits
Local 295 I.B.T. Employer Group Welfare Fund · NEW YORK, NY · plan year 2024
Broker compensation reported · 2024
$317,588
Local 295 I.B.T. Employer Group Welfare Fund's benefits plan covered 1,143 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $317,588 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $278 per covered person, above the median for employer plans that report broker pay.
Insurance contracts · 20243
LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK · lifepremiums n/a · 1,215 covered
AETNA LIFE INSURANCE · ppopremiums n/a · 512 covered
ANTHEM BLUE CROSS BLUE SHIELD · ppopremiums n/a · 511 covered
Brokers & agents paid · 20244
LABOR FIRST, LLC$305,684
J N SAVASTA CORP$7,263 · incl $3,094 fees
GIS BENEFITS INC$3,086 · incl $3,086 fees
DONALD C SAVOY INC$1,555 · incl $1,555 fees
Also brokered by Labor First, LLC1
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 510243781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.