Smart Local 27 Health and Welfare Fund Trusteesbenefits
Sheet Metal, Air, Rail Transportation NO.27 Health · FARMINGDALE, NJ · plan year 2024
Broker compensation reported · 2024
$259,397
Smart Local 27 Health and Welfare Fund Trustees's benefits plans covered 453 active participants in 2024, providing health · life · dental · vision · death benefits · other. Insurance brokers and agents were paid $259,397 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $573 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 8.3x the $31,227 reported for 2023.
Insurance contracts · 20242
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 1,106 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · stop-losspremiums n/a · 449 covered
Brokers & agents paid · 20244
CAPITAL PEAK LLC$226,882
ACRISURE LLC$17,225
ALTERNATIVE RISK SOLUTIONS, LLC$9,548
EMERSON ROGERS LLC$5,742 · incl $5,742 fees
Also brokered by Capital Peak LLC3
Lewis, Brisbois, Bisgaard & Smith, LLP CA$245,096
Paramount Apparel International MO$77,736
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 221538529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.