Trustees of Dist. No. 9 Int'l Assoc of Machinists Welfare Trustbenefits

Trustees of Dist. No. 9 Int'l Assoc of Machinists Welfare Trust's benefits plans covered 3,621 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $866,271. Insurance brokers and agents were paid $5,301 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.6% of premiums. That is $1 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 84% from $2,884 in 2023.