Plan Ledger DOL Form 5500 · updated monthly

Trustees of Liquor & Allied Worker Union Local 3 Health and Welfare SAbenefits

Liquor and Allied Workers Union Local No. 3 Health and Welfare Fund - Sales Division · RIVER FOREST, IL · plan year 2023

Broker compensation reported · 2023
$261,975

Trustees of Liquor & Allied Worker Union Local 3 Health and Welfare SA's benefits plan covered 2,172 active participants in 2023, providing health · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $136,321. Insurance brokers and agents were paid $261,975 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 192.2% of premiums. That is $121 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20234
STANDARD INSURANCE COMPANY · life$80K · 2,186 covered
STANDARD INSURANCE COMPANY · life$56K · 107 covered
DEARBORN NATIONAL LIFE INSURANCE COMPANY · life ltdpremiums n/a · 2,186 covered
NATIONWIDE LIFE INSURANCE · stop-losspremiums n/a · 2,186 covered
Brokers & agents paid · 20232
ELITE ADMINISTRATION & INSURANCE GR$213,996
ELITE ADMINISTRATION$47,979 · incl $14,979 fees
Also brokered by Elite Administration & Insurance Gr1

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2023, EIN 363265979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.