Plan Ledger DOL Form 5500 · updated monthly

Operating Engineers Local No. 825 Welfare Fundbenefits

Operating Engineers Local 825 Welfare Fund · SPRINGFIELD, NJ · plan year 2024

Broker compensation reported · 2024
$8,162

Operating Engineers Local No. 825 Welfare Fund's benefits plans covered 5,582 active participants in 2024, providing health · life · dental · vision. Insurance brokers and agents were paid $8,162 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 2.0% from $8,004 in 2023.

Insurance contracts · 20244
FIDELIO INSURANCE COMPANY · dentalpremiums n/a · 7,493 covered
AETNA LIFE INSURANCE CO. · ppopremiums n/a · 2,343 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life ltdpremiums n/a · 95 covered
AMALGAMATED LIFE · lifepremiums n/a · 7,243 covered
Brokers & agents paid · 20241
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 226033381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.