Plan Ledger DOL Form 5500 · updated monthly

Los Angeles City Employees Assn.benefits

Los Angeles City Employees Assn Welfare Benefit Plan · LOS ANGELES, CA · plan year 2024

Broker compensation reported · 2024
$2,859,776

Los Angeles City Employees Assn.'s benefits plans covered 49,474 active participants in 2024, providing life · long-term disability · death benefits. Insurance premiums totaled $6,942,002. Insurance brokers and agents were paid $2,859,776 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.2% of premiums. That is $58 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 7.8% from $2,651,944 in 2023.

Insurance contracts · 20244
METROPOLITAN LIFE INSURANCE COMPANY · life$6.8M · 14,706 covered
METROPOLITAN LIFE INSURANCE COMPANY · life$160K · 540 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 2,252 covered
METROPOLITAN LIFE INSURANCE COMPANY · ltdpremiums n/a · 15,421 covered
Brokers & agents paid · 20242
LACEA INSURANCE SERVICES$2,225,923 · incl $573,317 fees
LOS ANGELES CITY EMPLOYEES ASSOC.$633,853 · incl $633,853 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 951667955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.