Trustees of Iuoe Local 487 Health & Welfare Trust Fundbenefits

Trustees of Iuoe Local 487 Health & Welfare Trust Fund's benefits plans covered 592 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $254,267 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $430 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 5.7x the $45,000 reported for 2023.