Billups, LLC
Updated Filing received by DOL
Billups, LLC, a professional & technical services employer in New York, New York, reported 139 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 6 insurance contracts with no premium reported and $49,899 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 1, 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 |
|---|---|---|---|---|
| Cigna Health and Life Insurance Companyhealth | 123 | — | $35,025 | — |
| Starmount Life Insurance Companydental, vision | 135 | — | $7,978 | — |
| Unum Insurance Companycoverage not coded | 42 | — | $2,332 | — |
| Unum Insurance Companycoverage not coded | 40 | — | $1,917 | — |
| Unum Life Insurance Company of Americalife | 151 | — | $874 | — |
| Unum Insurance Companycoverage not coded | 48 | — | $1,773 | — |
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 Billups, 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.
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 | 2025 | Change | |
|---|---|---|---|
| Participants | 113 | 139 | +23.0% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $2,505 | $49,899 | +1892.0% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 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 |
|---|---|---|---|---|
| Billups, LLC. Employee Benefit Plan#501 · insurance, general assets | December 31, 2025 | July 1, 2026 | before deadline | 139 |
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 Billups, LLC pay in health insurance broker commissions in 2025?
Billups, LLC's 2025 Form 5500 reports $49,899 in broker commissions and fees across 6 insurance contracts ($45,404 in commissions, $4,495 in fees).
Is Billups, 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 Cigna Health and Life Insurance Company.
How does Billups, LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Billups, LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 100-199 participants that disclosed broker pay reported a median of $53,852.
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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.