Service Employees International Unionbenefits
Service Employees International Union Benefit Plan · WASHINGTON, DC · plan year 2024
Broker compensation reported · 2024
$719,784
Service Employees International Union's benefits plans covered 487 active participants in 2024, providing long-term disability. Insurance brokers and agents were paid $719,784 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,478 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 31% from $548,915 in 2023.
Insurance contracts · 20242
PRINCIPAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 487 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 3,984 covered
Brokers & agents paid · 20243
MERCER$510,435 · incl $510,435 fees
MEMBERS UNITED INSURANCE AGENCY$202,662
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 360852885 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.