Cornerstone Builders of SWFL, Inc.
Updated Filing received by DOL
Cornerstone Builders of SWFL, Inc., a manufacturing — chemical, wood, plastics employer in Fort Meyers, Florida, reported 214 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $1.0M in insurance premiums across 5 contracts and $68,364 in broker commissions and fees, 5.0% 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 March 4, 2026, within the extension window.
Who was paid on Cornerstone Builders of SWFL, 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 Cornerstone Builders of SWFL, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Shepherd Insurance, LLC · Carmel, IN | $59,900 | $3,306 | $63,206 | 5 |
| Emerson Rogers LLC · Blue Bell, PA | $1,283 | $2,838 | $4,121 | 3 |
| NFP · West Lake Hills, TX | $0 | $689 | $689 | 2 |
| Brown & Brown · Clearwater, FL | $348 | $0 | $348 | 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 |
|---|---|---|---|---|
| Health Optionshealth, HMO | 68 | $969,884 | $48,494 | 5.0% |
| Blue Cross Blue Shield of Floridahealth, PPO | 6 | $55,594 | $2,780 | 5.0% |
| Ameritas Life Insurance Corp.dental, vision | 204 | — | $6,224 | — |
| United of Omaha Life Insurance Companylife | 215 | — | $2,590 | — |
| United of Omaha Life Insurance Companylife | 45 | — | $8,276 | — |
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 Cornerstone Builders of SWFL, 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.
Premium per covered person on medical contracts: $13,858 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 | 266 | 214 | −19.5% |
| Premiums filed | $1,113,273 | $1,025,478 | −7.9% |
| Broker commissions + fees | $74,602 | $68,364 | −8.4% |
| Commission rate | 5.0% | 5.0% | +0.0 pts |
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 |
|---|---|---|---|---|
| Cornerstone Builders of SWFL, Inc. Welfare Benefits Plan#502 · insurance | June 30, 2025 | March 4, 2026 | within extension | 214 |
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 Cornerstone Builders of SWFL, Inc. pay in health insurance broker commissions in 2024?
Cornerstone Builders of SWFL, Inc.'s 2024 Form 5500 reports $68,364 in broker commissions and fees across 5 insurance contracts ($61,531 in commissions, $6,833 in fees), with Shepherd Insurance, LLC receiving the largest share.
Is Cornerstone Builders of SWFL, Inc.'s health plan self-funded or fully insured?
The 2024 filing indicates the plan is fully insured (an insurance carrier pays claims). Medical coverage is written by Health Options, Blue Cross Blue Shield of Florida.
How does Cornerstone Builders of SWFL, Inc.'s broker compensation compare with similar employers?
Cornerstone Builders of SWFL, Inc. paid 5.0% of medical premium in commissions and fees. The median for employers with 200-499 participants is 3.6%, and the median in Florida is 4.6%. 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 Cornerstone Builders of SWFL, Inc. 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.