BenefitsLedger
Employer health plan record · Plan year 2025 (latest filing) · Form 5500

Bentley Systems Inc

Professional & technical services · Exton, Pennsylvania · EIN ending 6623

Updated Filing received by DOL

Bentley Systems Inc, a professional & technical services employer in Exton, Pennsylvania, reported 1,497 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $1.3M in insurance premiums across 10 contracts and $122,429 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on July 10, 2026, before the deadline.

Participants
1,497
+3.4% vs 2024
Premiums filed
$1.3M
premium not reported on 3 medical contracts
Broker commissions + fees
$122,429
+21.4% vs 2024
Commission rate
n/a
needs insured medical premium

Who was paid on Bentley Systems 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 Bentley Systems Inc filed for 2025.

Broker or agentCommissionsFeesTotalContracts
Marsh McLennan Agency · Conshohocken, PA$80,213$28,373$108,5865
Hampson-Mower Agency LLC · Bethlehem, PA$8,568$0$8,5681
Plansource Benefits Administration · Orlando, FL$3,966$0$3,9665
Nayya Health Insurance Center · New York, NY$1,309$0$1,3093

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 · coverageCoveredPremiumBroker payRate
Blue Cross Blue Shield of Alabamahealth, vision, prescription drug, PPO66$1.1M——
Vision Service Planvision1,079$134,741——
Ace American Insurance Company (chubb)coverage not coded1,894—$8,568—
Metropolitan Life Insurance Companylife1,894—$20,050—
Aetna Life Insurance Companystop-loss1,198———
Metropolitan Life Insurance Companyhealth417—$26,000—
Kaiser Foundation Health Plan Inc.health, prescription drug, HMO22———
Metropolitan Life Insurance Companylong-term disability1,458—$22,412—
Metropolitan Life Insurance Companyhealth785—$18,579—
Metropolitan Life Insurance Companyhealth442—$26,820—

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 Bentley Systems 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.

Broker commissions + fees, dollars
Bentley Systems Inc
$122,429
Commission rate, % of medical premium

Not computable: no insured medical premium on the filing.

Premium per covered person on medical contracts: $17,148 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

$1.3M$1.3MPremiums$100,857$122,429Broker pay20242025
Bentley Systems Inc: premiums and broker commissions + fees, 2024 vs 2025
20242025Change
Participants1,4481,497+3.4%
Premiums filed$1,279,118$1,266,521not comparable
Broker commissions + fees$100,857$122,429+21.4%
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.

PlanPlan year endReceived by DOLTimingParticipants
Bentley Systems Incorporated Welfare Benefit Plan#501 · insurance, general assetsDecember 31, 2025July 10, 2026before deadline1,497

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 Bentley Systems Inc pay in health insurance broker commissions in 2025?

Bentley Systems Inc's 2025 Form 5500 reports $122,429 in broker commissions and fees across 10 insurance contracts ($94,056 in commissions, $28,373 in fees), with Marsh McLennan Agency receiving the largest share.

Is Bentley Systems Inc'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 Alabama, Metropolitan Life Insurance Company, Kaiser Foundation Health Plan Inc..

How does Bentley Systems Inc's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Bentley Systems Inc 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.