Assa Abloy Inc.
Updated Filing received by DOL
Assa Abloy Inc., a manufacturing — metal, equipment, transportation employer in New Haven, Connecticut, reported 8,828 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $1.0M in insurance premiums across 6 contracts and $104,739 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on August 21, 2025, within the extension window.
Who was paid on Assa Abloy 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 Assa Abloy Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Davevic Benefit Consultants · Grove City, PA | $90,220 | $0 | $90,220 | 2 |
| USI Insurance Services · Virginia Beach, VA | $7,211 | $1,164 | $8,375 | 3 |
| Bonita H Walker · Roanoke, VA | $3,038 | $19 | $3,057 | 1 |
| Melissa L Karnes · Daleville, VA | $1,220 | $30 | $1,250 | 1 |
| Melvin R Jones · Powhatan, VA | $377 | $0 | $377 | 1 |
| Kevin L Martin · Salem, VA | $223 | $0 | $223 | 1 |
| Judy L McCullough · Forest, VA | $203 | $15 | $218 | 1 |
| Shane Craig Davison · Antioch, TN | $167 | $0 | $167 | 1 |
| Yvonne B Reynolds · Salem, VA | $139 | $0 | $139 | 1 |
| Sandra M Cundiff · Wirtz, VA | $133 | $0 | $133 | 1 |
| Jeffrey Maurice Ford · Vinton, VA | $130 | $0 | $130 | 1 |
| Heather D Hawley · Radford, VA | $104 | $0 | $104 | 1 |
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 | 8,103 | $1.0M | — | — |
| Anthem Health Plans, Inc.coverage not coded | 9,137 | — | — | — |
| Aflaccoverage not coded | 71 | — | $6,144 | — |
| UPMC Health Optionshealth, prescription drug | 351 | — | $80,909 | — |
| UPMC Health Benefitsdental | 372 | — | $9,311 | — |
| Metlife Legal Plans, Inc.coverage not coded | 323 | — | $8,375 | — |
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 Assa Abloy 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 | 8,597 | 8,828 | +2.7% |
| Premiums filed | $909,092 | $1,021,596 | not comparable |
| Broker commissions + fees | $95,676 | $104,739 | +9.5% |
| 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 |
|---|---|---|---|---|
| Assa Abloy Inc. Comprehensive Flexible Benefits Plan#520 · general assets | December 31, 2024 | August 21, 2025 | within extension | 8,828 |
| Assa Abloy Inc. Master Medical Benefit Plan#550 · final filing · insurance | December 31, 2024 | August 21, 2025 | within extension | 8,685 |
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 Assa Abloy Inc. pay in health insurance broker commissions in 2024?
Assa Abloy Inc.'s 2024 Form 5500 reports $104,739 in broker commissions and fees across 6 insurance contracts ($103,511 in commissions, $1,228 in fees), with Davevic Benefit Consultants receiving the largest share.
Is Assa Abloy 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 UPMC Health Options.
How does Assa Abloy Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Assa Abloy Inc. 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.