Plan Ledger DOL Form 5500 · updated monthly

Local Union 903 I.B.E.W. Health and Welfbenefits

Local Union 903 I.B.E.W. Health and Welfare Plan · MOBILE, AL · plan year 2024

Broker compensation reported · 2024
$31,635

Local Union 903 I.B.E.W. Health and Welf's benefits plan covered 431 active participants in 2024, providing health. Insurance brokers and agents were paid $31,635 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $73 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20241
HCC LIFE INSURANCE COMPANY · stop-losspremiums n/a · 437 covered
Brokers & agents paid · 20241
THE HILB GROUP OF NEW ENGLAND, LLC$31,635 · incl $14,141 fees
Also brokered by The Hilb Group of New England, LLC5
Carnow, Inc. MA$53,220

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 646034436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.