American Dental Associationbenefits
Ada Medical Benefits Plan · CHICAGO, IL · plan year 2024
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.
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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.