United Brotherhood of Carpenters Local Union 926benefits

United Brotherhood of Carpenters Local Union 926's benefits plans covered 1,194 active participants in 2024, providing life. Insurance premiums totaled $31,426. Insurance brokers and agents were paid $2,879 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.2% of premiums. That is $2 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 37% from $4,606 in 2023.