Plan Ledger DOL Form 5500 · updated monthly

Teamsters Local 294 Albany Area Trucking & Allied Industries Healthbenefits

Teamsters Local 294 Albany Area Trucking & Allied Industries Health & Welfare Fund · ALBANY, NY · plan year 2024

Broker compensation reported · 2024
$157,867

Teamsters Local 294 Albany Area Trucking & Allied Industries Health's benefits plans covered 1,159 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance brokers and agents were paid $157,867 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $136 per covered person, below the median for employer plans that report broker pay. Broker pay rose 17% from $135,023 in 2023.

Insurance contracts · 20242
THE UNION LABOR LIFE INSURANCE COMPANY · lifepremiums n/a · 550 covered
THE UNION LABOR LIFE INSURANCE COMPANY · stop-losspremiums n/a · 824 covered
Brokers & agents paid · 20241
UPSTATE FINANCIAL SERVICES$157,867
Also brokered by Upstate Financial Services3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 141582160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.