Trustees of Electrical Workers Health and Welfare Fundbenefits
Electrical Workers Health and Welfare Fund · DULUTH, MN · plan year 2024
Broker compensation reported · 2024
$31,500
Trustees of Electrical Workers Health and Welfare Fund's benefits plans covered 719 active participants in 2024, providing health · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $31,500 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $44 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 21% from $39,977 in 2023.
Insurance contracts · 20242
BLUE CROSS AND BLUE SHIELD OF MINNESOTA · stop-losspremiums n/a · 812 covered
BLUE CROSS AND BLUE SHIELD OF MINNESOTA · drugpremiums n/a · 526 covered
Brokers & agents paid · 20241
BROWN & BROWN INSURANCE SERVICES$31,500 · incl $31,500 fees
Also brokered by Brown & Brown5
Beth Israel Lahey Health, Inc. MA$3,690,428
Dana-Farber Cancer Institute, Inc. MA$1,776,211
Bj's Wholesale Club, Inc. MA$1,391,058
Srm Concrete, LLC TN$1,315,284
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 416024782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.