Chase Corporation
Updated Filing received by DOL
Chase Corporation, a manufacturing — metal, equipment, transportation employer in Westwood, Massachusetts, reported 674 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 12 insurance contracts with no premium reported and $163,195 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 21, 2025, before the deadline.
Who was paid on Chase Corporation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Chase Corporation filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Hilb Group of New England · Cranston, RI | $82,030 | $62,295 | $144,325 | 11 |
| Liberty Insurance Services · Pittsburgh, PA | $17,178 | $0 | $17,178 | 1 |
| USI Insurance Services · Virginia Beach, VA | $0 | $1,692 | $1,692 | 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 |
|---|---|---|---|---|
| United of Omaha Life Insurance Companylife | 609 | — | $26,164 | — |
| United of Omaha Life Insurance Companyshort-term disability | 375 | — | $17,597 | — |
| United of Omaha Life Insurance Companylong-term disability | 312 | — | $8,599 | — |
| Reliastar Life Insurance Companystop-loss | 647 | — | $34,468 | — |
| UPMC Health Optionshealth | 116 | — | $17,178 | — |
| Guardian Life Insurance Company of Americadental, vision | 384 | — | $9,392 | — |
| United of Omaha Life Insurance Companylong-term disability | 56 | — | $2,780 | — |
| United of Omaha Life Insurance Companylife | 210 | — | $16,445 | — |
| United of Omaha Life Insurance Companycoverage not coded | 134 | — | $6,654 | — |
| United of Omaha Life Insurance Companycoverage not coded | 87 | — | $7,809 | — |
| United of Omaha Life Insurance Companycoverage not coded | 62 | — | $7,979 | — |
| Metropolitan Life Insurance Companydental | 130 | — | $8,130 | — |
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 Chase Corporation 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 | 536 | 674 | +25.7% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $141,461 | $163,195 | +15.4% |
| 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 |
|---|---|---|---|---|
| Chase Corporation Welfare Benefits Plan#501 · insurance, general assets | March 31, 2025 | October 21, 2025 | before deadline | 674 |
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 Chase Corporation pay in health insurance broker commissions in 2024?
Chase Corporation's 2024 Form 5500 reports $163,195 in broker commissions and fees across 12 insurance contracts ($99,208 in commissions, $63,987 in fees), with Hilb Group of New England receiving the largest share.
Is Chase Corporation'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 UPMC Health Options.
How does Chase Corporation's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Chase Corporation 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.