United Steelworkers Local 625 Benefit Trustbenefits

United Steelworkers Local 625 Benefit Trust's benefits plans covered 99 active participants in 2024, providing health · dental. Insurance premiums totaled $68,752. Insurance brokers and agents were paid $2,242 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.3% of premiums. That is $23 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 3.3% from $2,170 in 2023.