Plan Ledger DOL Form 5500 · updated monthly

Plumbers Local Union No. 200 Welfare Fund Board of Trusteesbenefits

Plumbers Local Union No. 200 Welfare Fund · RONKONKOMA, NY · plan year 2024

Broker compensation reported · 2024
$58,521

Plumbers Local Union No. 200 Welfare Fund Board of Trustees's benefits plans covered 584 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $168,572. Insurance brokers and agents were paid $58,521 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 34.7% of premiums. That is $100 per covered person, below the median for employer plans that report broker pay. Broker pay rose 28% from $45,545 in 2023.

Insurance contracts · 20245
THE STANDARD LIFE INSURANCE COMPANY OF NEW YORK · life$169K · 966 covered
EMPOWER ANNUITY INSURANCE COMPANYpremiums n/a
BENISTAR GROUP RETIREE HEALTH SOLUTIONS · drugpremiums n/a · 172 covered
GUARDIAN LIFE INSURANCE COMPANY OF NEW YORK · dentalpremiums n/a · 727 covered
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 618 covered
Brokers & agents paid · 20241
CONTEMPORARY STRATEGIC SOLUTIONS$58,521 · incl $16,720 fees
Also brokered by Contemporary Strategic Solutions5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 113124836 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.