Local 400 Food Terminal Employees Welfare Fundbenefits

Local 400 Food Terminal Employees Welfare Fund's benefits plans covered 158 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $2,495,719. Insurance brokers and agents were paid $14,160 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.6% of premiums. That is $90 per covered person, below the median for employer plans that report broker pay. Broker pay fell 23% from $18,480 in 2023.