Plan Ledger DOL Form 5500 · updated monthly

Metal Polishers Union Local 8A-28A Welfare Fundbenefits

Metal Polishers Union Local 8A-28A Welfare Fund · LONG ISLAND CITY, NY · plan year 2024

Broker compensation reported · 2024
$115,966

Metal Polishers Union Local 8A-28A Welfare Fund's benefits plans covered 395 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance brokers and agents were paid $115,966 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $294 per covered person, above the median for employer plans that report broker pay. Broker pay rose 38% from $83,841 in 2023.

Insurance contracts · 20242
SUN LIFE AND HEALTH INSURANCE COMPANY · lifepremiums n/a · 395 covered
HCC LIFE INSURANCE COMPANY · stop-losspremiums n/a · 406 covered
Brokers & agents paid · 20241
GALLAGHER BENEFIT SERVICES INC$115,966 · incl $37,422 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 135624028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.