Apex Systems, LLC
Updated Filing received by DOL
Apex Systems, LLC, an administrative & support services employer in Glen Allen, Virginia, reported 5,707 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $3.5M in insurance premiums across 15 contracts and $1.1M in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on May 23, 2025, before the deadline.
Who was paid on Apex Systems, LLC's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Apex Systems, LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Willis Towers Watson · New York, NY | $1,030,644 | $60,553 | $1,091,197 | 14 |
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. 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 Virginiadental | 9,450 | $3.5M | $243,447 | 7.0% |
| Hawaii Medical Assurance Associationhealth, vision, life, prescription drug | 6 | — | — | — |
| Vision Service Planvision | 4,841 | — | $46,456 | — |
| Unitedhealthcare Insurance Companyhealth | 1 | — | $650 | — |
| Aetna Life Insurance Companyhealth, indemnity | 735 | — | $75,766 | — |
| Life Insurance Company of North Americashort-term disability | 3,617 | — | $91,516 | — |
| Life Insurance Company of North Americalong-term disability | 2,450 | — | $168,327 | — |
| Life Insurance Company of North Americacoverage not coded | 36 | — | $72 | — |
| Life Insurance Company of North Americacoverage not coded | 343 | — | $1,150 | — |
| Life Insurance Company of North Americacoverage not coded | 3,133 | — | $20,091 | — |
| Life Insurance Company of North Americalife | 3,963 | — | $178,651 | — |
| Unum Insurance Companyshort-term disability | 2,644 | — | $125,841 | — |
| Unum Insurance Companyshort-term disability | 2,641 | — | $65,196 | — |
| Unum Insurance Companyindemnity | 2,253 | — | $72,882 | — |
| Life Insurance Company of North Americacoverage not coded | 333 | — | $1,152 | — |
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 Apex Systems, LLC 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 | 5,930 | 5,707 | −3.8% |
| Premiums filed | $3,565,096 | $3,481,581 | not comparable |
| Broker commissions + fees | $1,158,508 | $1,091,197 | −5.8% |
| 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 |
|---|---|---|---|---|
| Apex Systems, LLC Employee Benefits Plan#501 · insurance, general assets | December 31, 2024 | May 23, 2025 | before deadline | 5,707 |
| Apex Flexible Spending Account Plan#502 · general assets | December 31, 2024 | May 23, 2025 | before deadline | 210 |
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 Apex Systems, LLC pay in health insurance broker commissions in 2024?
Apex Systems, LLC's 2024 Form 5500 reports $1,091,197 in broker commissions and fees across 15 insurance contracts ($1,030,644 in commissions, $60,553 in fees), with Willis Towers Watson receiving the largest share.
Is Apex Systems, LLC'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 Hawaii Medical Assurance Association, Unitedhealthcare Insurance Company, Aetna Life Insurance Company.
How does Apex Systems, LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Apex Systems, LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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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.