Coadvantage Resources Inc.
Updated Filing received by DOL
Coadvantage Resources Inc., an administrative & support services employer in Bradenton, Florida, reported 51,204 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $152M in insurance premiums across 15 contracts and $398,201 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on July 15, 2026, within the extension window.
Who was paid on Coadvantage Resources 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 Coadvantage Resources Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Coadvantage Insurance Solutions Cor · Bradenton, FL | $316,937 | $81,264 | $398,201 | 4 |
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 and Blue Shield of Floridaprescription drug, HMO, PPO | 5,415 | $90M | — | — |
| Health Options, Inc.prescription drug, HMO, PPO | 3,334 | $41M | — | — |
| Blue Cross and Blue Shield of Alabamahealth, prescription drug, PPO | 2,955 | $21M | — | — |
| University Health Alliancehealth, dental, vision, prescription drug | 50 | $391,237 | — | — |
| Aetna Health, Inc.HMO | 809 | — | — | — |
| Aetna Life Insurance Co.health | 24,121 | — | — | — |
| Kaiser Foundation Health Plan, Inc.health, HMO | 379 | — | — | — |
| Kaiser Foundation Health Plan, Inc.health, HMO | 1,366 | — | — | — |
| Kaiser Foundation Health Plan of Georgia, Inc.health, HMO | 146 | — | — | — |
| Kaiser Foundation Health Plan of Coloradohealth, HMO | 260 | — | — | — |
| Kaiser Foundation Health Plan, Inc.health, HMO | 3 | — | — | — |
| Metropolitan Life Insurance Companyhealth | 6,963 | — | $253,149 | — |
| Metropolitan Life Insurance Companydental, vision, life, short-term disability, long-term disability · amount flagged as implausible, excluded | 57,734 | — | — | — |
| Metropolitan General Insurance Companycoverage not coded | 3,488 | — | $12,713 | — |
| Metropolitan Life Insurance Companyshort-term disability | 8,496 | — | $132,339 | — |
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 Coadvantage Resources 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.
Premium per covered person on medical contracts: $6,977 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 | 47,606 | 51,204 | +7.6% |
| Premiums filed | $151,618,974 | $151,927,043 | not comparable |
| Broker commissions + fees | $505,369 | $398,201 | −21.2% |
| 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 |
|---|---|---|---|---|
| Coadvantage Resources Inc Group Benefit Plan#501 · insurance | September 30, 2025 | July 15, 2026 | within extension | 51,204 |
| Coadvantage Resources Inc Health Plan Flexible Spending Account#502 · general assets | September 30, 2025 | July 15, 2026 | within extension | 11,979 |
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 Coadvantage Resources Inc. pay in health insurance broker commissions in 2024?
Coadvantage Resources Inc.'s 2024 Form 5500 reports $398,201 in broker commissions and fees across 15 insurance contracts ($316,937 in commissions, $81,264 in fees), with Coadvantage Insurance Solutions Cor receiving the largest share.
Is Coadvantage Resources 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 Blue Cross and Blue Shield of Alabama, University Health Alliance, Aetna Life Insurance Co..
How does Coadvantage Resources Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Coadvantage Resources Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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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.