Plan Ledger DOL Form 5500 · updated monthly

Trustees Sheet Metal Workers Local Union No 20 Welfare & Benefit Fundbenefits

Sheet Metal Workers Local Union No 20 Welfare And · INDIANAPOLIS, IN · plan year 2024

Broker compensation reported · 2024
$148,296

Trustees Sheet Metal Workers Local Union No 20 Welfare & Benefit Fund's benefits plans covered 3,252 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $148,296 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $46 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 9.1% from $163,200 in 2023.

Insurance contracts · 20246
HUMANA DENTAL INSURANCE COMPANY · dentalpremiums n/a · 1,127 covered
HUMANA INSURANCE COMPANY · visionpremiums n/a · 1,127 covered
HUMANA INSURANCE COMPANY · healthpremiums n/a · 1,105 covered
HUMANA INSURANCE COMPANY · healthpremiums n/a
EMPHESYS INSURANCE COMPANY · healthpremiums n/a · 378 covered
EMPHESYS INSURANCE COMPANY · healthpremiums n/a · 2 covered
Brokers & agents paid · 20241
NATIONAL EMPLOYEE BENEFITS$148,296

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 356028684 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.