Circular Services
Updated Filing received by DOL
Circular Services, an administrative & support services employer in New York, New York, reported 644 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $9.2M in insurance premiums across 12 contracts and $216,918 in broker commissions and fees, 0.1% of medical premium against a national median of 3.8% among plans that paid commissions in plan year 2024. The plan is fully insured (an insurance carrier pays claims). The Department of Labor received the filing on August 3, 2026, within the extension window.
Who was paid on Circular Services's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Circular Services filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Higginbotham · Fort Worth, TX | $102,230 | $0 | $102,230 | 10 |
| NFP · New York, NY | $60,398 | $6,073 | $66,471 | 19 |
| Gis Benefits Inc. · Morris, IL | $48,217 | $0 | $48,217 | 8 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "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 | 760 | $8.9M | $6,018 | 0.1% |
| Delta Dental of New Jersey, Inc.dental | 1,054 | $372,169 | $11,076 | 3.0% |
| Reliance Standard Life Insurance Companycoverage not coded | 59 | — | $5,101 | — |
| Compsych Corporationcoverage not coded | 1,034 | — | — | — |
| Vision Service Planvision | 580 | — | $1,893 | — |
| Reliance Standard Life Insurance Companyshort-term disability | 115 | — | $7,196 | — |
| Reliance Standard Life Insurance Companylife | 848 | — | $52,004 | — |
| Reliance Standard Life Insurance Companylong-term disability | 860 | — | $21,998 | — |
| Reliance Standard Life Insurance Companyshort-term disability | 862 | — | $81,912 | — |
| Reliance Standard Life Insurance Companyshort-term disability | 148 | — | $25,477 | — |
| Reliance Standard Life Insurance Companycoverage not coded | 15 | — | $3,520 | — |
| Reliance Standard Life Insurance Companycoverage not coded | 63 | — | $723 | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Circular Services 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: $11,653 a year (national median $7,274).
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
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 |
|---|---|---|---|---|
| Circular Services Welfare Benefit Plan#501 · insurance | December 31, 2025 | August 3, 2026 | within extension | 644 |
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 Circular Services pay in health insurance broker commissions in 2025?
Circular Services's 2025 Form 5500 reports $216,918 in broker commissions and fees across 12 insurance contracts ($210,845 in commissions, $6,073 in fees), with Higginbotham receiving the largest share.
Is Circular Services's health plan self-funded or fully insured?
The 2025 filing indicates the plan is fully insured (an insurance carrier pays claims). Medical coverage is written by Cigna Health and Life Insurance Company.
How does Circular Services's broker compensation compare with similar employers?
Circular Services paid 0.1% of medical premium in commissions and fees. The median for employers with 500-999 participants is 2.7%, and the median in New York is 3.7%. Percentages are computed only on fully insured medical contracts with filed premiums.
Send the full findings to your inbox.
A specialist writes up every finding for Circular Services with the methodology and public-source citations, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.
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.