Atlantic Diving Supply, Inc.
Updated Filing received by DOL
Atlantic Diving Supply, Inc., a retail — general merchandise, sporting goods employer in Virginia Beach, Virginia, reported 424 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $322,888 in insurance premiums across 16 contracts and $12,759 in broker commissions and fees. The plan is fully insured (an insurance carrier pays claims). The Department of Labor received the filing on December 12, 2025, before the deadline.
Who was paid on Atlantic Diving Supply, 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 Atlantic Diving Supply, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| James A. Scott & Son Inc. | $9,036 | $0 | $9,036 | 1 |
| Watchtower Benefits LLC d/b/a Three · Chicago, IL | $2,558 | $0 | $2,558 | 1 |
| PSH Insurance Inc · Honolulu, HI | $998 | $0 | $998 | 1 |
| Watchtower Technologies, Inc · Chicago, IL | $167 | $0 | $167 | 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 |
|---|---|---|---|---|
| Standard Insurance Companyshort-term disability | 424 | $150,790 | — | — |
| Standard Insurance Companylife | 424 | $115,501 | — | — |
| Standard Insurance Companylong-term disability | 424 | $56,597 | — | — |
| Metropolitan Life Insurance Companydental | 995 | — | $2,558 | — |
| Shic PPOhealth, PPO | 45 | — | — | — |
| Shic PPOhealth, PPO | 1 | — | — | — |
| Sentara Health Planhealth | 239 | — | — | — |
| Vision Service Planvision | 287 | — | $167 | — |
| Sentara Health Planhealth | 2 | — | — | — |
| Shic PPOhealth, PPO | 2 | — | — | — |
| Kaiser Foundation Health Plan, Inc.health | 4 | — | $998 | — |
| Shic PPOhealth, PPO | 4 | — | — | — |
| Cigna Health and Life Insurance Companyhealth, dental | 3 | — | $9,036 | — |
| Sentara Health Planhealth | 8 | — | — | — |
| Shic Ooa Indhealth | 34 | — | — | — |
| Ads Inchealth | 1 | — | — | — |
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 Atlantic Diving Supply, 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 | 398 | 424 | +6.5% |
| Premiums filed | $284,814 | $322,888 | not comparable |
| Broker commissions + fees | $15,591 | $12,759 | −18.2% |
| 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 |
|---|---|---|---|---|
| Atlantic Diving Supply, Inc. Employee Benefits Plan#501 · insurance | June 30, 2025 | December 12, 2025 | before deadline | 424 |
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 Atlantic Diving Supply, Inc. pay in health insurance broker commissions in 2024?
Atlantic Diving Supply, Inc.'s 2024 Form 5500 reports $12,759 in broker commissions and fees across 16 insurance contracts ($12,759 in commissions, $0 in fees), with James A. Scott & Son Inc. receiving the largest share.
Is Atlantic Diving Supply, Inc.'s health plan self-funded or fully insured?
The 2024 filing indicates the plan is fully insured (an insurance carrier pays claims). Medical coverage is written by Shic PPO, Sentara Health Plan, Kaiser Foundation Health Plan, Inc..
How does Atlantic Diving Supply, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Atlantic Diving Supply, Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 200-499 participants that disclosed broker pay reported a median of $77,013.
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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.