Plumbers & Steamfitters Local 760 Health & Welfare Trust Fund
Updated Filing received by DOL
Plumbers & Steamfitters Local 760 Health & Welfare Trust Fund, a finance & insurance employer in Muscle Shoals, Alabama, reported 1,443 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $11M in insurance premiums across 3 contracts and $62,244 in broker commissions and fees, 0.0% of medical premium against a national median of 3.8% among plans that paid commissions in plan year 2024. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 15, 2025, within the extension window.
Who was paid on Plumbers & Steamfitters Local 760 Health & Welfare Trust Fund's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Plumbers & Steamfitters Local 760 Health & Welfare Trust Fund filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Alliance Insurance Group · Montgomery, AL | $39,500 | $0 | $39,500 | 1 |
| Patriot Growth · Montgomery, AL | $15,426 | $0 | $15,426 | 1 |
| Mark S Mettille · Morris, IL | $3,857 | $0 | $3,857 | 1 |
| Gi George Parent LP · Fort Washington, PA | $0 | $3,461 | $3,461 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Blue Cross and Blue Shield of Alabamahealth, dental, vision, prescription drug, PPO | 1,864 | $11M | — | — |
| United of Omaha Life Insurance Companylife | 865 | — | $42,961 | — |
| Guardianshort-term disability | 673 | — | $19,283 | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Plumbers & Steamfitters Local 760 Health & Welfare Trust Fund compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Premium per covered person on medical contracts: $5,969 a year (national median $7,274).
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 1,409 | 1,443 | +2.4% |
| Premiums filed | $9,508,849 | $11,125,733 | +17.0% |
| Broker commissions + fees | $29,416 | $62,244 | +111.6% |
| Commission rate | 0.0% | 0.0% | +0.0 pts |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Plumbers & Steamfitters Local 760 Health & Welfare Trust Fund#501 · insurance, trust | December 31, 2024 | October 15, 2025 | within extension | 1,443 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Plumbers & Steamfitters Local 760 Health & Welfare Trust Fund pay in health insurance broker commissions in 2024?
Plumbers & Steamfitters Local 760 Health & Welfare Trust Fund's 2024 Form 5500 reports $62,244 in broker commissions and fees across 3 insurance contracts ($58,783 in commissions, $3,461 in fees), with Alliance Insurance Group receiving the largest share.
Is Plumbers & Steamfitters Local 760 Health & Welfare Trust Fund's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Blue Cross and Blue Shield of Alabama.
How does Plumbers & Steamfitters Local 760 Health & Welfare Trust Fund's broker compensation compare with similar employers?
Plumbers & Steamfitters Local 760 Health & Welfare Trust Fund paid 0.0% of medical premium in commissions and fees. The median for employers with 1,000-4,999 participants is 2.0%, and the median in Alabama is 3.7%. Percentages are computed only on fully insured medical contracts with filed premiums.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.