Cohen & Company, LTD.
Updated Filing received by DOL
Cohen & Company, LTD., a professional & technical services employer in Cleveland, Ohio, reported 744 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $354,683 in insurance premiums across 6 contracts and $54,352 in broker commissions and fees. The plan is self-funded (the employer pays claims itself, with stop-loss coverage from Cigna Health and Life Insurance Company). The Department of Labor received the filing on October 15, 2025, within the extension window.
Who was paid on Cohen & Company, LTD.'s plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Cohen & Company, LTD. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Armada Risk Partners LLC · Cleveland, OH | $35,503 | $0 | $35,503 | 5 |
| DMC Benefits Inc · Westlake, OH | $18,849 | $0 | $18,849 | 2 |
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 |
|---|---|---|---|---|
| Delta Dental of Ohiodental | 1,083 | $354,683 | $9,731 | 2.7% |
| Vision Service Planvision | 467 | — | $2,823 | — |
| Cigna Health and Life Insurance Companystop-loss, indemnity | 1,203 | — | — | — |
| Sun Life Assurance Company of Canadalife, long-term disability | 785 | — | $28,038 | — |
| Sun Life Assurance Company of Canadalife | 158 | — | $13,465 | — |
| Sun Life and Health Insurance Co.short-term disability | 58 | — | $295 | — |
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 Cohen & Company, LTD. 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 | 676 | 744 | +10.1% |
| Premiums filed | $312,573 | $354,683 | +13.5% |
| Broker commissions + fees | $45,808 | $54,352 | +18.7% |
| 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 |
|---|---|---|---|---|
| Cohen & Company Health and Welfare Benefit Plan#502 · insurance, general assets | December 31, 2024 | October 15, 2025 | within extension | 744 |
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 Cohen & Company, LTD. pay in health insurance broker commissions in 2024?
Cohen & Company, LTD.'s 2024 Form 5500 reports $54,352 in broker commissions and fees across 6 insurance contracts ($54,352 in commissions, $0 in fees), with Armada Risk Partners LLC receiving the largest share.
Is Cohen & Company, LTD.'s health plan self-funded or fully insured?
The 2024 filing indicates the plan is self-funded (the employer pays claims itself, with stop-loss coverage from Cigna Health and Life Insurance Company).
How does Cohen & Company, LTD.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Cohen & Company, LTD. 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.