Trustees of Local 219 Pension Trustbenefits

Trustees of Local 219 Pension Trust's benefits plans covered 321 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $196,735. Insurance brokers and agents were paid $20,279 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.3% of premiums. That is $63 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 4.6x the $4,380 reported for 2023.