Plan Ledger DOL Form 5500 · updated monthly

First Atlantic Corporationbenefits

First Atlantic Corporation Health Plan Trust · SOUTH PORTLAND, ME · plan year 2024

Broker compensation reported · 2024
$159,213

First Atlantic Corporation's benefits plans covered 802 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $159,213 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $199 per covered person, above the median for employer plans that report broker pay. Broker pay rose 19% from $133,832 in 2023.

Insurance contracts · 20244
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 944 covered
COMMUNITY HEALTH OPTIONS · healthpremiums n/a · 512 covered
DELTA DENTAL PLAN OF MAINE · dentalpremiums n/a · 670 covered
RED TREE INSURANCE COMPANY, INC. · visionpremiums n/a · 579 covered
Brokers & agents paid · 20243
ROBERT FARNHAM$77,108
CROSS BENEFIT SOLUTIONS$44,902 · incl $13,101 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 010407925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.