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