Baylor College of Medicine
Updated Filing received by DOL
Baylor College of Medicine, an education services employer in Houston, Texas, reported 11,750 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows 14 insurance contracts with no premium reported and $1.3M in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 15, 2025, within the extension window.
Who was paid on Baylor College of Medicine's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Baylor College of Medicine filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Marsh McLennan Agency · Dallas, TX | $672,698 | $367,034 | $1,039,732 | 13 |
| Reuben Warner Assocs · Staten Island, NY | $171,478 | $54,448 | $225,926 | 3 |
| Management Compensation Group · New York, NY | $39,079 | $28,224 | $67,303 | 4 |
| NFP · Austin, TX | $0 | $12,536 | $12,536 | 2 |
| Wortham Insurance & Risk Management · Dallas, TX | $0 | $2,324 | $2,324 | 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 |
|---|---|---|---|---|
| Eyemed Vision Care for Fidelity Security Life Insurance Companyvision | 16,685 | — | $74,826 | — |
| Federal Insurance Companycoverage not coded | — | — | $14,234 | — |
| Provident Life and Accident Insurance Companycoverage not coded | 239 | — | $39,689 | — |
| Legal Access Consulting, LLCcoverage not coded | 1,816 | — | $2,324 | — |
| Unum Life Insurance Company of Americalife, long-term disability | 12,077 | — | $322,968 | — |
| Zurich American Insurance Companycoverage not coded | — | — | $106,024 | — |
| Zurich American Insurance Companycoverage not coded | — | — | $275,112 | — |
| Unum Life Insurance Company of Americashort-term disability | 1,609 | — | — | — |
| Provident Life and Accident Insurance Companycoverage not coded | 268 | — | $79,165 | — |
| Sun Life Assurance Company of Canadastop-loss | 10,805 | — | $376,276 | — |
| Cigna Health and Life Insurance Companyhealth | 1 | — | $1,499 | — |
| Unitedhealthcare Insurance Companyhealth | 102 | — | $55,704 | — |
| Aetna Life Insurance Companyprescription drug, PPO | 177 | — | — | — |
| Aetna Life Insurance Companydental | 121 | — | — | — |
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 Baylor College of Medicine 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 | 11,258 | 11,750 | +4.4% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $1,349,245 | $1,347,821 | −0.1% |
| 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 |
|---|---|---|---|---|
| Baylor College of Medicine Health & Welfare Benefits Plan#502 · insurance, general assets | December 31, 2024 | October 15, 2025 | within extension | 11,750 |
| Baylor College of Medicine's Retirement Healthcare Savings Plan#504 · insurance, trust | December 31, 2024 | October 15, 2025 | within extension | 8,133 |
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 Baylor College of Medicine pay in health insurance broker commissions in 2024?
Baylor College of Medicine's 2024 Form 5500 reports $1,347,821 in broker commissions and fees across 14 insurance contracts ($883,255 in commissions, $464,566 in fees), with Marsh McLennan Agency receiving the largest share.
Is Baylor College of Medicine'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 Cigna Health and Life Insurance Company, Unitedhealthcare Insurance Company.
How does Baylor College of Medicine's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Baylor College of Medicine 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.