BenefitsLedger
Employer health plan record · Plan year 2024 · Form 5500

Continental Automotive, Inc.

Updated Filing received by DOL

Continental Automotive, Inc., a manufacturing — metal, equipment, transportation employer in Fort Mill, South Carolina, reported 3,239 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $529,468 in insurance premiums across 21 contracts and $174,665 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 14, 2025, within the extension window.

Participants
3,239
−3.2% vs 2023
Premiums filed
$529,468
premium not reported on 2 medical contracts
Broker commissions + fees
$174,665
−58.3% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Continental Automotive, 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 Continental Automotive, Inc. filed for 2024.

Broker or agentCommissionsFeesTotalContracts
Willis Towers Watson · New York, NY$53,635$61,010$114,64517
Mercer · Chicago, IL$58,055$1,968$60,0236

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. Where Part I rows added up to more than the contract's Schedule A total, they were scaled down to that total. 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 · coverageCoveredPremiumBroker payRate
Vision Service Planvision2,177$529,468——
Cigna Health and Life Insurance Company and Affiliates (cigna)health, indemnity38———
Kaiser Foundation Health Plan, Inc.health19—$7,064—
Kaiser Foundation Health Plan, Inc.health3—$821—
Metropolitan Life Insurance Companycoverage not coded36———
New York Life Group Insurance Company of New Yorklife, short-term disability——$48—
Life Insurance Company of North Americashort-term disability5—$21—
Life Insurance Company of North Americashort-term disability——$2—
Life Insurance Company of North Americalong-term disability2,585—$36,445—
Life Insurance Company of North Americashort-term disability2,566—$641—
Securian Life Insurance Companylife4,406—$23,659—
Securian Life Insurance Companylife3,880—$31,521—
Securian Life Insurance Companylife1,425—$4,946—
Securian Life Insurance Companylife728—$17,012—
Securian Life Insurance Companylife638—$22,208—
Securian Life Insurance Companylife, indemnity355—$24,861—
Securian Life Insurance Companylife38—$966—
Securian Life Insurance Companylife16—$24—
Securian Life Insurance Companylife34—$1,393—
Aetna Life Insurance CompanyPPO332———
Securian Life Insurance Companylife666—$3,033—

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 Continental Automotive, 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.

Broker commissions + fees, dollars
Continental Automotive, Inc.
$174,665
Commission rate, % of medical premium

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

$549,262$529,468Premiums$418,612$174,665Broker pay20232024
Continental Automotive, Inc.: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants3,3463,239−3.2%
Premiums filed$549,262$529,468not comparable
Broker commissions + fees$418,612$174,665−58.3%
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.

PlanPlan year endReceived by DOLTimingParticipants
Welfare Benefits Plan for Employees of Continental-Automotive Systems#501 · insurance, general assetsDecember 31, 2024October 14, 2025within extension3,239
Welfare Benefits Plan for Retirees of Continental - Automotive Systems#601 · insuranceDecember 31, 2024October 14, 2025within extension849

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 Continental Automotive, Inc. pay in health insurance broker commissions in 2024?

Continental Automotive, Inc.'s 2024 Form 5500 reports $174,665 in broker commissions and fees across 21 insurance contracts ($109,627 in commissions, $65,038 in fees), with Willis Towers Watson receiving the largest share.

Is Continental Automotive, 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 Cigna Health and Life Insurance Company and Affiliates (cigna), Kaiser Foundation Health Plan, Inc..

How does Continental Automotive, Inc.'s broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Continental Automotive, Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 1,000-4,999 participants that disclosed broker pay reported a median of $168,579.

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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.