Plan Ledger DOL Form 5500 · updated monthly

Local Union 903 Ibew Health & Welfare Planbenefits

Local Union 903 I.B.E.W. Health and Welfare Plan · MOBILE, AL · plan year 2023

Broker compensation reported · 2023
$31,673

Local Union 903 Ibew Health & Welfare Plan's benefits plan covered 255 active participants in 2023, providing health · vision. Insurance brokers and agents were paid $31,673 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $124 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20231
HCC LIFE INSURANCE COMPANY · stop-losspremiums n/a · 432 covered
Brokers & agents paid · 20231
HILB GROUP OF NEW ENGLAND LLC, THE$31,673 · incl $14,158 fees
Also brokered by Hilb Group of New England LLC, The1

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 646034436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.