Plan Ledger DOL Form 5500 · updated monthly

National Electrical Benefit Fundbenefits

Nebf Health and Welfare Plan · ROCKVILLE, MD · plan year 2024

Broker compensation reported · 2024
$17,893

National Electrical Benefit Fund's benefits plans covered 158 active participants in 2024, providing life · long-term disability · death benefits · other. Insurance brokers and agents were paid $17,893 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $113 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.8% from $18,219 in 2023.

Insurance contracts · 20245
RELIANCE STANDARDpremiums n/a · 217 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 33 covered
UNUM INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 63 covered
THE UNION LABOR LIFE INSURANCE COMPANY · lifepremiums n/a · 919 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 91 covered
Brokers & agents paid · 20243
RIGGS COUNCILMAN MICHAELS AND DOWNS$8,131 · incl $591 fees
CENTRO BENEFIT RESEARCH LLC$3,959 · incl $3,959 fees
CORPORATE SYNERGIES GROUP LLC$5,803 · incl $1,022 fees
Also brokered by Riggs Councilman Michaels and Downs1
Venable, LLP MD$2,109

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 530181657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.