Board of Trustees Nba Players' Health and Welfare Benefit
Updated Filing received by DOL
Board of Trustees Nba Players' Health and Welfare Benefit, an arts & entertainment employer in North Chesterfield, Virginia, reported 2,136 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $11M in insurance premiums across 10 contracts and $773,683 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on April 14, 2026, within the extension window.
Who was paid on Board of Trustees Nba Players' Health and Welfare Benefit's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Board of Trustees Nba Players' Health and Welfare Benefit filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| NFP · Philadelphia, PA | $536,162 | $10,778 | $546,940 | 7 |
| Corporate Care International Inc · Purchase, NY | $224,379 | $0 | $224,379 | 1 |
| BWD Agency Inc · Plainview, NY | $2,365 | $0 | $2,365 | 2 |
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 |
|---|---|---|---|---|
| Cigna Health and Life Insurance Companyhealth, dental, prescription drug, indemnity | 1,030 | $8.0M | $145,296 | 1.8% |
| Houston Casualty Companycoverage not coded | 450 | $2.8M | $280,000 | 10.0% |
| Cigna Health and Life Insurance Companyhealth, dental, vision, prescription drug | 195 | — | $30,665 | — |
| Metropolitan Life Insurance Companylife | 540 | — | $59,551 | — |
| Sierra Health and Life Insurance Companyhealth | 166 | — | — | — |
| Sierra Health and Life Insurance Companyhealth | 224 | — | — | — |
| Unitedhealthcare Insurance Companyhealth | 3,339 | — | $224,379 | — |
| Cigna Health and Life Insurance Companydental, indemnity | 692 | — | $25,361 | — |
| Fidelity Security Life Insurance Company (eyemed Vision Care)vision | 2,024 | — | $6,066 | — |
| Fidelity Security Life Insurance Company (eyemed Vision Care)vision | 1,009 | — | $2,365 | — |
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 Board of Trustees Nba Players' Health and Welfare Benefit 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.
Premium per covered person on medical contracts: $7,752 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
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 2,056 | 2,136 | +3.9% |
| Premiums filed | $10,430,798 | $10,784,330 | not comparable |
| Broker commissions + fees | $791,004 | $773,683 | −2.2% |
| 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 |
|---|---|---|---|---|
| Nba Players' Health and Welfare Benefit Plan#501 · insurance, trust | June 30, 2025 | April 14, 2026 | within extension | 2,136 |
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 Board of Trustees Nba Players' Health and Welfare Benefit pay in health insurance broker commissions in 2024?
Board of Trustees Nba Players' Health and Welfare Benefit's 2024 Form 5500 reports $773,683 in broker commissions and fees across 10 insurance contracts ($762,905 in commissions, $10,778 in fees), with NFP receiving the largest share.
Is Board of Trustees Nba Players' Health and Welfare Benefit'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, Sierra Health and Life Insurance Company, Unitedhealthcare Insurance Company.
How does Board of Trustees Nba Players' Health and Welfare Benefit's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Board of Trustees Nba Players' Health and Welfare Benefit 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.