Teamsters Local 170 Health and Welfare Fundbenefits
Teamsters Local 170 Health and Welfare Fund · WORCESTER, MA · plan year 2024
Broker compensation reported · 2024
$44,408
Teamsters Local 170 Health and Welfare Fund's benefits plans covered 1,229 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance brokers and agents were paid $44,408 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $36 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 27% from $35,068 in 2023.
Insurance contracts · 20242
BLUE CROSS BLUE SHIELD · stop-losspremiums n/a · 1,298 covered
SYMETRA LIFE INSURANCE · lifepremiums n/a · 1,298 covered
Brokers & agents paid · 20242
GIRARD FINANCIAL GROUP LLC$32,311 · incl $12,097 fees
JAMES NELLIGAN$12,097 · incl $12,097 fees
Also brokered by Girard Financial Group LLC1
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042219623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.