Madison Iaq LLCbenefits
Madison Iaq Consolidated Welfare Benefit Plan · CHICAGO, IL · plan year 2025
Broker compensation reported · 2025
$486,551
Madison Iaq LLC's benefits plans covered 4,414 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $486,551 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $110 per covered person, below the median for employer plans that report broker pay. Broker pay rose 9.2% from $445,610 in 2024.
Insurance contracts · 20253
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 49 covered
COMBINED INSURANCEpremiums n/a · 178 covered
CONTINENTAL AMERICAN INSURANCE COMPANY · life ltdpremiums n/a · 4,365 covered
Brokers & agents paid · 20254
TBX EMPLOYEE BENEFITS, LLC$226,103
SELERIX INSURANCE SERVICES, LLC$35,086
GALLAGHER BENEFIT SERVICES, INC.$223,647
MARSH & MCLENNAN AGENCY$1,715
Also brokered by Tbx Employee Benefits, LLC1
Lgc US Service Company MN$31,032
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 823247004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.