Operating Engineers Local 835 Welfare Fundbenefits

Operating Engineers Local 835 Welfare Fund's benefits plans covered 1,222 active participants in 2024, providing health · dental · vision · short-term disability. Insurance premiums totaled $3,804,951. Insurance brokers and agents were paid $180,732 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.7% of premiums. That is $148 per covered person, below the median for employer plans that report broker pay. Broker pay rose 28% from $140,747 in 2023.