Plan Ledger DOL Form 5500 · updated monthly

American Dental Associationbenefits

Ada Medical Benefits Plan · CHICAGO, IL · plan year 2024

Broker compensation reported · 2024
$396,747

American Dental Association's benefits plans covered 428 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits. Insurance premiums totaled $6,406,460. Insurance brokers and agents were paid $396,747 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.2% of premiums. That is $927 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 14% from $346,619 in 2023.

Insurance contracts · 20248
BLUECROSS BLUESHIELD OF ILLINOIS · health drug ppo$6.4M · 632 covered
BLUECROSS BLUESHIELD OF ILLINOIS · health drug hmopremiums n/a · 168 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 428 covered
KAISER FOUNDATION HEALTH PLAN OF THE MID ATLANTIC · health drug hmopremiums n/a · 2 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · lifepremiums n/a · 37 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 478 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 68 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 52 covered
Brokers & agents paid · 20242
FIRST BENEFITS CORPORATION$393,781 · incl $3,555 fees
SMITH, THOMAS C$2,966
Also brokered by First Benefits Corporation1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 360724690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.