Plan Ledger DOL Form 5500 · updated monthly

Northwest Ironworkers Health and Security Board of Trusteesbenefits

Northwest Ironworkers Health and Security Plan · MERCER ISLAND, WA · plan year 2024

Broker compensation reported · 2024
$31,258

Northwest Ironworkers Health and Security Board of Trustees's benefits plans covered 2,865 active participants in 2024, providing health · life · dental · vision · other. Insurance premiums totaled $324,106. Insurance brokers and agents were paid $31,258 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.6% of premiums. That is $11 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 9.5% from $28,536 in 2023.

Insurance contracts · 20244
VISION SERVICE PLAN · vision$324K · 3,305 covered
THE UNION LIFE INSURANCE COMPANY · stop-losspremiums n/a · 2,896 covered
KAISER FOUNDATION HEALTH PLAN OF THE NORTHWEST · dental hmopremiums n/a · 610 covered
THE UNION LABOR LIFE INSURANCE COMPANY · lifepremiums n/a · 2,993 covered
Brokers & agents paid · 20241
BENEFITMALL$31,258
Also brokered by Benefitmall5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 916068079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.