Burnham Holdings, Inc.
Updated Filing received by DOL
Burnham Holdings, Inc., a management of companies employer in Lancaster, Pennsylvania, reported 421 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows 16 insurance contracts with no premium reported and $3,172 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 15, 2025, within the extension window.
Who was paid on Burnham Holdings, Inc.'s plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Burnham Holdings, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Phan Nhung Le · Atlantic City, NJ | $1,514 | $0 | $1,514 | 4 |
| Corporate Synergies · Camden, NJ | $971 | $0 | $971 | 8 |
| Nhung Phan · Phoenixville, PA | $498 | $0 | $498 | 4 |
| Img · Indianapolis, IN | $0 | $157 | $157 | 2 |
| Douglas Lonergan · Scottsdale, AZ | $17 | $0 | $17 | 1 |
| Douglas D Lonergan · Scottsdale, AZ | $15 | $0 | $15 | 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 |
|---|---|---|---|---|
| Highmarkvision | 298 | — | — | — |
| American Heritage Life Insurance Companycoverage not coded | 19 | — | $960 | — |
| American Heritage Life Insurance Companycoverage not coded | 4 | — | $229 | — |
| Trustmark Insurance Companylong-term disability | 18 | — | $281 | — |
| Trustmark Insurance Companylife | 5 | — | $159 | — |
| HCC Life Insurance Companystop-loss | 334 | — | — | — |
| Highmarkhealth, prescription drug | 64 | — | — | — |
| Prudential Insurance Company of Americalife, short-term disability, long-term disability | 326 | — | $78 | — |
| Highmarkvision | 253 | — | — | — |
| Highmarkhealth, prescription drug | 54 | — | — | — |
| American Heritage Life Insurance Companycoverage not coded | 17 | — | $817 | — |
| American Heritage Life Insurance Companycoverage not coded | 3 | — | $194 | — |
| Trustmark Insurance Companylong-term disability | 16 | — | $240 | — |
| Trustmark Insurance Companylife | 5 | — | $135 | — |
| HCC Life Insurance Companystop-loss | 285 | — | — | — |
| Prudential Insurance Company of Americalife, short-term disability, long-term disability | 444 | — | $79 | — |
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 Burnham Holdings, Inc. 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 | 398 | 421 | +5.8% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $15,103 | $3,172 | −79.0% |
| 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 |
|---|---|---|---|---|
| Burnham Holdings, Inc. Non-Bargaining Unit Volunta Employee Beneficiary Association#502 · insurance, general assets | December 31, 2024 | October 15, 2025 | within extension | 421 |
| Burnham Holdings, Inc. Voluntary Employee Beneficiary Association#501 · insurance, general assets | December 31, 2024 | October 15, 2025 | within extension | 353 |
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 Burnham Holdings, Inc. pay in health insurance broker commissions in 2024?
Burnham Holdings, Inc.'s 2024 Form 5500 reports $3,172 in broker commissions and fees across 16 insurance contracts ($3,015 in commissions, $157 in fees), with Phan Nhung Le receiving the largest share.
Is Burnham Holdings, Inc.'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 Highmark.
How does Burnham Holdings, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Burnham Holdings, Inc. 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.