Cordis US Corp
Updated Filing received by DOL
Cordis US Corp, a manufacturing — metal, equipment, transportation employer in Miami Lakes, Florida, reported 972 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $35,566 in insurance premiums across 12 contracts and $414,888 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on September 25, 2025, within the extension window.
Who was paid on Cordis US Corp's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Cordis US Corp filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| HUB International · Chicago, IL | $299,728 | $42,799 | $342,527 | 8 |
| James R Nelligan & Associates LLC · Wall, NJ | $50,736 | $10,165 | $60,901 | 2 |
| Plansource Benefits Administration · Orlando, FL | $8,163 | $0 | $8,163 | 1 |
| Plansource Benefits Admin., Inc · Orlando, FL | $0 | $3,297 | $3,297 | 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 |
|---|---|---|---|---|
| MCS Life Insurance Companyhealth, dental, vision, life, prescription drug, PPO | 7 | $35,566 | — | — |
| Metropolitan Life Insurance Companydental, life | 1,765 | — | $217,764 | — |
| Kaiser Foundation Health Plan Inc.health | 133 | — | — | — |
| Eyemed Vision Carevision | 1,604 | — | — | — |
| Reliastar Life Insurance Companycoverage not coded | 704 | — | $66,334 | — |
| First Unum Life Insurance Companycoverage not coded | 12 | — | $1,813 | — |
| Unum Life Insurance Company of Americashort-term disability | 11 | — | $1,152 | — |
| Unum Life Insurance Company of Americashort-term disability | 1 | — | $3 | — |
| Unum Life Insurance Company of Americacoverage not coded | 1,250 | — | $127,822 | — |
| Kaiser Foundation Health Planhealth | 1 | — | — | — |
| Unitedhealthcare Insurance Company Hartford CTstop-loss | 601 | — | — | — |
| Unitedhealthcare Insurance Companystop-loss | 119 | — | — | — |
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 Cordis US Corp 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: $5,081 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 | 833 | 972 | +16.7% |
| Premiums filed | $32,580 | $35,566 | +9.2% |
| Broker commissions + fees | $205,370 | $414,888 | +102.0% |
| 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 |
|---|---|---|---|---|
| Cordis US Corp Health & Welfare Plan#501 · insurance, general assets | December 31, 2024 | September 25, 2025 | within extension | 972 |
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 Cordis US Corp pay in health insurance broker commissions in 2024?
Cordis US Corp's 2024 Form 5500 reports $414,888 in broker commissions and fees across 12 insurance contracts ($358,627 in commissions, $56,261 in fees), with HUB International receiving the largest share.
Is Cordis US Corp'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 MCS Life Insurance Company, Kaiser Foundation Health Plan Inc., Kaiser Foundation Health Plan.
How does Cordis US Corp's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Cordis US Corp 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.