Plan Ledger DOL Form 5500 · updated monthly

Illinois Farm Business Farm Management Associationbenefits

Illinois Farm Business Farm Management Health Benefit Plan · URBANA, IL · plan year 2024

Broker compensation reported · 2024
$117,011

Illinois Farm Business Farm Management Association's benefits plans covered 120 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance brokers and agents were paid $117,011 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $975 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 1.8% from $114,900 in 2023.

Insurance contracts · 20244
CONSOCIATE GROUP · health stop-losspremiums n/a · 105 covered
DANSIG GROUP · health stop-losspremiums n/a · 105 covered
PRINCIPAL LIFE INSURANCE · vision life ltdpremiums n/a · 120 covered
UNITED HEALTHCARE INSURANCE COMPANY · dentalpremiums n/a · 102 covered
Brokers & agents paid · 20244
DANSIG GROUP$53,504 · incl $53,504 fees
CONSOCIATE GROUP$48,849 · incl $48,849 fees
MIDWESTERN INS ASSOCIATES AGENCY$11,309
MUTUAL MED INSURANCE SERVICES LLC$3,349 · incl $3,349 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 376046462 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.