BSR Ventures, LLC
Updated Filing received by DOL
BSR Ventures, LLC, a wholesale trade employer in Meridian, Idaho, reported 104 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $528,371 in insurance premiums across 4 contracts and $29,000 in broker commissions and fees, 4.2% of medical premium against a national median of 3.8% among plans that paid commissions in plan year 2024. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on February 4, 2025, within the extension window.
Who was paid on BSR Ventures, LLC's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract BSR Ventures, LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| George M. Brown · Meridian, ID | $10,109 | $0 | $10,109 | 1 |
| Raymond Bennett · Sandy, UT | $9,964 | $0 | $9,964 | 1 |
| HUB International · Meridian, ID | $3,923 | $0 | $3,923 | 1 |
| Northwest Benefits Advisory Group · Eagle, ID | $1,030 | $537 | $1,567 | 1 |
| Fred A. Morton and Company · Salt Lake City, UT | $1,011 | $384 | $1,395 | 1 |
| R. Brent Bennett · Sandy, UT | $592 | $0 | $592 | 1 |
| Denise A. Maxwell · Meridian, ID | $348 | $97 | $445 | 1 |
| George Brown · Boise, ID | $302 | $0 | $302 | 1 |
| Angela S. Bringhurst · Nampa, ID | $293 | $0 | $293 | 1 |
| Steven K. Bringhurst & Other Agents · Nampa, ID | $103 | $76 | $179 | 1 |
| Ronny Ann Warner · Kuna, ID | $111 | $12 | $123 | 1 |
| Lynsay Gross · Meridian, ID | $107 | $0 | $107 | 1 |
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 |
|---|---|---|---|---|
| Blue Cross of Idaho Health Service, Inc.health, dental, prescription drug, PPO | 221 | $483,113 | $20,073 | 4.2% |
| Willamette Dental of Idaho, Inc.dental | 173 | $45,258 | $3,923 | 8.7% |
| Colonial Life & Accident Insurance Companylife, short-term disability | 46 | — | $4,110 | — |
| United Heritage Life Insurance Companyvision, life | 174 | — | $894 | — |
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 BSR Ventures, 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.
Premium per covered person on medical contracts: $2,186 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 | 104 | 104 | +0.0% |
| Premiums filed | $375,244 | $528,371 | +40.8% |
| Broker commissions + fees | $25,950 | $29,000 | +11.8% |
| Commission rate | 6.6% | 4.2% | −2.5 pts |
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 |
|---|---|---|---|---|
| BSR Ventures, LLC Employee Welfare Benefit Plan#501 · final filing · insurance, general assets | June 30, 2024 | February 4, 2025 | within extension | 104 |
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 BSR Ventures, LLC pay in health insurance broker commissions in 2024?
BSR Ventures, LLC's 2024 Form 5500 reports $29,000 in broker commissions and fees across 4 insurance contracts ($27,894 in commissions, $1,106 in fees), with George M. Brown receiving the largest share.
Is BSR Ventures, LLC'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 Blue Cross of Idaho Health Service, Inc..
How does BSR Ventures, LLC's broker compensation compare with similar employers?
BSR Ventures, LLC paid 4.2% of medical premium in commissions and fees. The median for employers with 100-199 participants is 4.2%, and the median in Idaho is 3.2%. Percentages are computed only on fully insured medical contracts with filed premiums.
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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.