Asm Research, LLC
Updated Filing received by DOL
Asm Research, LLC, a professional & technical services employer in Fairfax, Virginia, reported 1,398 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows 8 insurance contracts with no premium reported and $301,084 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 Asm Research, 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 Asm Research, LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Riggs Counselman Michaels & Downes · Baltimore, MD | $177,616 | $24,224 | $201,840 | 2 |
| Fce Benefit Administrators, Inc · San Mateo, CA | $93,125 | $6,119 | $99,244 | 6 |
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 |
|---|---|---|---|---|
| Vision Service Planvision | 954 | — | $3,934 | — |
| The Guardian Life Insurance Company of Americalife, short-term disability, long-term disability, indemnity | 1,440 | — | $197,906 | — |
| Fidelity Security Life Insurance Companyhealth | 7 | — | $1,398 | — |
| Relance Standard Life Insurance Companylife | 272 | — | $9,709 | — |
| Relance Standard Life Insurance Companycoverage not coded | 272 | — | $1,610 | — |
| Eyemed Vision Care Behalf of Fidelity Security Life Insurance Companyvision | 403 | — | $1,707 | — |
| Metropolitan Life Insurance Companydental, life, short-term disability, long-term disability | 345 | — | $14,354 | — |
| Fidelity Security Life Insurance Companystop-loss | 278 | — | $70,466 | — |
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 Asm Research, 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 | 1,420 | 1,398 | −1.5% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $262,905 | $301,084 | +14.5% |
| 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 |
|---|---|---|---|---|
| Asm Research Health and Welfare Benefits Plan#502 · insurance, general assets | December 31, 2024 | May 23, 2025 | before deadline | 1,398 |
| Asm Research, LLC. Health & Welfare Plan#501 · insurance, trust | December 31, 2024 | October 13, 2025 | within extension | 284 |
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 Asm Research, LLC pay in health insurance broker commissions in 2024?
Asm Research, LLC's 2024 Form 5500 reports $301,084 in broker commissions and fees across 8 insurance contracts ($270,741 in commissions, $30,343 in fees), with Riggs Counselman Michaels & Downes receiving the largest share.
Is Asm Research, 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 Fidelity Security Life Insurance Company.
How does Asm Research, LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Asm Research, LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 1,000-4,999 participants that disclosed broker pay reported a median of $168,579.
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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.