Bulkmatic Transport Company
Updated Filing received by DOL
Bulkmatic Transport Company, a wholesale trade employer in Griffith, Indiana, reported 684 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 8 insurance contracts with no premium reported and $157,660 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on September 22, 2025, before the deadline.
Who was paid on Bulkmatic Transport Company's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Bulkmatic Transport Company filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Aon · Chicago, IL | $98,626 | $14,268 | $112,894 | 8 |
| Custom Benefit Programs Inc. · Somerset, NJ | $41,961 | $2,805 | $44,766 | 2 |
| David Howes · Oviedo, FL | $0 | $0 | $0 | 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. Where Part I rows added up to more than the contract's Schedule A total, they were scaled down to that total. 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 |
|---|---|---|---|---|
| Metropolitan Life Insurance Companycoverage not coded | 322 | — | $18,129 | — |
| Life Insurance Company of North Americacoverage not coded | 587 | — | $957 | — |
| Metropolitan Life Insurance Companyhealth | 330 | — | $18,041 | — |
| Life Insurance Company of North Americashort-term disability | 261 | — | $25,813 | — |
| Life Insurance Company of North Americalong-term disability | 587 | — | $15,611 | — |
| Metropolitan Life Insurance Companydental, vision | 983 | — | $29,362 | — |
| Life Insurance Company of North Americalife | 773 | — | $23,022 | — |
| Metropolitan Life Insurance Companyhealth | 427 | — | $26,725 | — |
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 Bulkmatic Transport Company 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 | 2024 | Change | |
|---|---|---|---|
| Participants | 737 | 684 | −7.2% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $201,682 | $157,660 | −21.8% |
| 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 |
|---|---|---|---|---|
| Bulkmatic Transport Company Employee Benefit Plan#501 · insurance, general assets | February 28, 2025 | September 22, 2025 | before deadline | 684 |
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 Bulkmatic Transport Company pay in health insurance broker commissions in 2024?
Bulkmatic Transport Company's 2024 Form 5500 reports $157,660 in broker commissions and fees across 8 insurance contracts ($139,090 in commissions, $18,570 in fees), with Aon receiving the largest share.
Is Bulkmatic Transport Company'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 Metropolitan Life Insurance Company.
How does Bulkmatic Transport Company's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Bulkmatic Transport Company because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 500-999 participants that disclosed broker pay reported a median of $104,902.
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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.