Plan Ledger DOL Form 5500 · updated monthly

Ada Technologies, Inc.benefits

Ada Technologies, Inc. Fringe Benefit Plan · ADA, OH · plan year 2024

Broker compensation reported · 2024
$83,238

Ada Technologies, Inc.'s benefits plans covered 104 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,867,318. Insurance brokers and agents were paid $83,238 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $800 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 19% from $69,794 in 2023.

Insurance contracts · 20249
MEDICAL MUTUAL · health$1.9M · 104 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 106 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dentalpremiums n/a · 105 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 105 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 105 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 104 covered
NAVIA BENEFITS SOLUTIONSpremiums n/a · 97 covered
Brokers & agents paid · 20245
MCGOHAN BRABENDER AGENCY INC.$61,182 · incl $21,532 fees
NAVIA$21,990 · incl $21,990 fees
ZALUSKI INSURANCE INC$38 · incl $38 fees
RMM FINANCIAL SERVICE INC.$18 · incl $18 fees
Also brokered by McGohan Brabender Agency Inc.3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 311454397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.