Operative Plasterers&Cement Masons Local 29 Welfare Fundbenefits
Operative Plasterers and Cement Masons Local 29 Welfare Plan · CLIFTON, NJ · plan year 2024
Broker compensation reported · 2024
$20,425
Operative Plasterers&Cement Masons Local 29 Welfare Fund's benefits plans covered 64 active participants in 2024, providing health · death benefits · vision · dental. Insurance brokers and agents were paid $20,425 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $319 per covered person, above the median for employer plans that report broker pay. Brokers were paid 5.1x the $3,976 reported for 2023.
Insurance contracts · 20242
GREAT MIDWEST INSURANCE COMPANY · stop-losspremiums n/a · 64 covered
METROPOLITAN LIFE INSURANCE CO · lifepremiums n/a · 64 covered
Brokers & agents paid · 20243
INSURANCE DESIGN ADMINISTRATORS$16,628
ACRISURE LLC$2,979 · incl $256 fees
EMERSON ROGERS LLC$818 · incl $137 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 221507478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.