Atlantic Electric, LLC
Updated Filing received by DOL
Atlantic Electric, LLC, a construction employer in North Charleston, South Carolina, reported 151 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $1.5M in insurance premiums across 3 contracts and $84,510 in broker commissions and fees, 3.8% of medical premium against a national median of 3.8% among plans that paid commissions in plan year 2024. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on August 10, 2026, before the deadline.
Who was paid on Atlantic Electric, 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 Atlantic Electric, LLC filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Hilb Group of South Carolina · North Charleston, SC | $81,082 | $2,969 | $84,051 | 3 |
| Advanced Benefit System Inc. · Daniel Island, SC | $105 | $78 | $183 | 1 |
| Sags Joint Venture · North Charleston, SC | $152 | $0 | $152 | 1 |
| Beth Joan Mitchell · North Charleston, SC | $71 | $0 | $71 | 1 |
| James J Phares · Summerville, SC | $32 | $0 | $32 | 1 |
| Palmetto Benefit Solutions, LLC · North Charleston, SC | $3 | $9 | $12 | 1 |
| Robert P Barbati · MT. Pleasant, SC | $6 | $0 | $6 | 1 |
| Christina Marie Northrup · Summerville, SC | $3 | $0 | $3 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "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 |
|---|---|---|---|---|
| Blue Cross Blue Shield of South Carolinahealth, prescription drug | 107 | $1.5M | $58,868 | 3.8% |
| The Guardian Life Insurance Company of Americadental, vision, life, short-term disability, long-term disability | 176 | — | $22,099 | — |
| Colonial Life & Accident Insurance Companycoverage not coded | 36 | — | $3,543 | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Atlantic Electric, 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.
Premium per covered person on medical contracts: $14,380 a year (national median $7,274).
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 129 | 151 | +17.1% |
| Premiums filed | $1,242,380 | $1,538,665 | +23.8% |
| Broker commissions + fees | $67,733 | $84,510 | +24.8% |
| Commission rate | 4.2% | 3.8% | −0.3 pts |
Source: DOL Form 5500 filings for plan years 2024 and 2025.
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 Electric, LLC Employee Benefit Plan#501 · insurance, general assets | March 31, 2026 | August 10, 2026 | before deadline | 151 |
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 Electric, LLC pay in health insurance broker commissions in 2025?
Atlantic Electric, LLC's 2025 Form 5500 reports $84,510 in broker commissions and fees across 3 insurance contracts ($81,454 in commissions, $3,056 in fees), with Hilb Group of South Carolina receiving the largest share.
Is Atlantic Electric, LLC's health plan self-funded or fully insured?
The 2025 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Blue Cross Blue Shield of South Carolina.
How does Atlantic Electric, LLC's broker compensation compare with similar employers?
Atlantic Electric, LLC paid 3.8% of medical premium in commissions and fees. The median for employers with 100-199 participants is 4.2%, and the median in South Carolina is 3.9%. Percentages are computed only on fully insured medical contracts with filed premiums.
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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.