Alco Management, Inc.
Updated Filing received by DOL
Alco Management, Inc., a real estate & rental employer in Memphis, Tennessee, reported 187 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $101,205 in insurance premiums across 10 contracts and $48,477 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on November 3, 2025, 19 days after the extended deadline.
Who was paid on Alco Management, Inc.'s plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Alco Management, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Jas. D. Collier & Company · Memphis, TN | $34,450 | $0 | $34,450 | 8 |
| Alliant Insurance Services · San Diego, CA | $8,392 | $6,419 | $14,811 | 7 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Where Part I rows added up to more than the contract's Schedule A total, they were scaled down to that total. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Delta Dental of Tennesseedental | 294 | $101,205 | $10,121 | 10.0% |
| Cigna Health and Life Insurance Companyhealth, stop-loss | 187 | — | $12,609 | — |
| HCC Life Insurance Companystop-loss | 132 | — | — | — |
| Vision Service Planvision | 165 | — | $947 | — |
| Life Insurance Company of North Americacoverage not coded | 122 | — | $757 | — |
| Life Insurance Company of North Americalong-term disability | 122 | — | $6,844 | — |
| Life Insurance Company of North Americalife | 122 | — | $7,118 | — |
| Life Insurance Company of North Americashort-term disability | 122 | — | $7,755 | — |
| Cigna Health and Life Insurance Companycoverage not coded | 122 | — | $876 | — |
| Cigna Health and Life Insurance Companycoverage not coded | 95 | — | $1,450 | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Alco Management, Inc. compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 201 | 187 | −7.0% |
| Premiums filed | $84,819 | $101,205 | not comparable |
| Broker commissions + fees | $104,815 | $48,477 | −53.7% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Alco Management, Inc. Health Plan and Trust#502 · insurance, general assets, trust | December 31, 2024 | November 3, 2025 | 19 days late | 187 |
| Alco Management, Inc. Health and Welfare Plan#508 · insurance | December 31, 2024 | November 3, 2025 | 19 days late | 181 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Alco Management, Inc. pay in health insurance broker commissions in 2024?
Alco Management, Inc.'s 2024 Form 5500 reports $48,477 in broker commissions and fees across 10 insurance contracts ($41,831 in commissions, $6,646 in fees), with Jas. D. Collier & Company receiving the largest share.
Is Alco Management, Inc.'s health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Cigna Health and Life Insurance Company.
How does Alco Management, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Alco Management, Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 100-199 participants that disclosed broker pay reported a median of $53,852.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.