Plan Ledger DOL Form 5500 · updated monthly

Teamsters Welfare Fund of Northern New Jersey Local 723benefits

Teamsters Welfare Fund of Northern New Jersey Local 723 · UNION, NJ · plan year 2024

Broker compensation reported · 2024
$35,461

Teamsters Welfare Fund of Northern New Jersey Local 723's benefits plans covered 727 active participants in 2024, providing health · life · dental · vision. Insurance brokers and agents were paid $35,461 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $49 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 21% from $29,366 in 2023.

Insurance contracts · 20243
AMALGAMATED LIFE · lifepremiums n/a · 696 covered
ULLICO LABOR LIFE INSURANCE COMPANY · lifepremiums n/a · 727 covered
DELTA DENTAL OF NEW JERSEY, INC · dentalpremiums n/a · 1,147 covered
Brokers & agents paid · 20242
SELF-FUNDED BENEFITS, INC DBA IDA$29,551
COMTEMPORARY STRATEGIC SOLUTIONS$5,910

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 221736275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.