Betts Industries
Updated Filing received by DOL
Betts Industries, a manufacturing — metal, equipment, transportation employer in Warren, Pennsylvania, reported 263 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 7 insurance contracts with no premium reported and $63,730 in broker commissions and fees. The plan is self-funded (the employer pays claims itself, with stop-loss coverage from Granular Insurance Company). The Department of Labor received the filing on July 21, 2026, before the deadline.
Who was paid on Betts Industries's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Betts Industries filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Strategic Benefit Resources · Atlanta, GA | $36,433 | $0 | $36,433 | 1 |
| Stalwart Insurance LLC · Pittsburgh, PA | $12,277 | $0 | $12,277 | 5 |
| David E Hauck · Vermilion, OH | $5,069 | $0 | $5,069 | 1 |
| Arick Martin · Pittsburgh, PA | $2,871 | $189 | $3,060 | 1 |
| L.R. Webber Associates, Inc. · Duncasville, PA | $2,500 | $0 | $2,500 | 4 |
| Timothy J Slater · Pittsburgh, PA | $1,367 | $87 | $1,454 | 1 |
| USI Insurance Services · Pittsburgh, PA | $1,418 | $0 | $1,418 | 1 |
| Leavitt Group · Hollidaysburg, PA | $962 | $0 | $962 | 1 |
| Manufacturer & Business Association · Erie, PA | $548 | $0 | $548 | 1 |
| William E Good · Dripping Springs, TX | $9 | $0 | $9 | 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 |
|---|---|---|---|---|
| United Concordia Insurance Companydental | 279 | — | — | — |
| United of Omaha Life Insurance Companylife | 288 | — | $2,130 | — |
| United of Omaha Life Insurance Companyshort-term disability | 275 | — | $5,814 | — |
| United of Omaha Life Insurance Companylong-term disability | 288 | — | $4,157 | — |
| Vision Benefits of Americavision | 198 | — | $2,495 | — |
| Colonial Life & Accident Insurance Companylife, long-term disability | 96 | — | $12,701 | — |
| Granular Insurance Companystop-loss | 263 | — | $36,433 | — |
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 Betts Industries 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 | 254 | 263 | +3.5% |
| Premiums filed | $28,437 | $0 | — |
| Broker commissions + fees | $13,380 | $63,730 | +376.3% |
| 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 |
|---|---|---|---|---|
| Betts Industries Benefit Plan#501 · insurance, general assets | December 31, 2025 | July 21, 2026 | before deadline | 263 |
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 Betts Industries pay in health insurance broker commissions in 2025?
Betts Industries's 2025 Form 5500 reports $63,730 in broker commissions and fees across 7 insurance contracts ($63,454 in commissions, $276 in fees), with Strategic Benefit Resources receiving the largest share.
Is Betts Industries's health plan self-funded or fully insured?
The 2025 filing indicates the plan is self-funded (the employer pays claims itself, with stop-loss coverage from Granular Insurance Company).
How does Betts Industries's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Betts Industries 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.