BD of Trustees CM Institute Loc 502 Welfare Trust FD
Updated Filing received by DOL
BD of Trustees CM Institute Loc 502 Welfare Trust FD, a construction employer in Bellwood, Illinois, reported 1,182 participants in its health and welfare plan for plan year 2025. Its Form 5500 lists 1 insurance contract on Schedule A but reports no premium and no broker compensation on them. The plan is self-funded (the employer pays claims itself). The Department of Labor received the filing on July 27, 2026, before the deadline.
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 |
|---|---|---|---|---|
| The Union Labor Life Insurance Companylife | 1,141 | — | — | — |
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 BD of Trustees CM Institute Loc 502 Welfare Trust FD 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
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 1,190 | 1,182 | −0.7% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $0 | $0 | — |
| Commission rate | — | — | — |
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 |
|---|---|---|---|---|
| Cement Masons Institute Local 502 Welfare Trust Fund#501 · insurance, trust | December 31, 2025 | July 27, 2026 | before deadline | 1,182 |
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 BD of Trustees CM Institute Loc 502 Welfare Trust FD pay in health insurance broker commissions in 2025?
BD of Trustees CM Institute Loc 502 Welfare Trust FD's 2025 Form 5500 reports no broker commissions or fees on Schedule A. Self-funded plans often pay consultants directly, which the public filing does not always capture.
Is BD of Trustees CM Institute Loc 502 Welfare Trust FD's health plan self-funded or fully insured?
The 2025 filing indicates the plan is self-funded (the employer pays claims itself).
How does BD of Trustees CM Institute Loc 502 Welfare Trust FD's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for BD of Trustees CM Institute Loc 502 Welfare Trust FD 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.