Coroplast Tape Corporation
Updated Filing received by DOL
Coroplast Tape Corporation, a manufacturing — chemical, wood, plastics employer in Rock Hill, South Carolina, reported 185 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $1.8M in insurance premiums across 3 contracts and $12,459 in broker commissions and fees, 0.3% of medical premium against a national median of 3.8% among plans that paid commissions in plan year 2024. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on April 23, 2025, before the deadline.
Who was paid on Coroplast Tape Corporation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Coroplast Tape Corporation filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| United Producers Group, LLC · Mount Pleasant, SC | $5,563 | $0 | $5,563 | 1 |
| Marsh McLennan Agency · Greenville, SC | $4,389 | $303 | $4,692 | 1 |
| Plansource Benefit Admin Inc. · Orlando, FL | $226 | $0 | $226 | 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 |
|---|---|---|---|---|
| BCBS of South Carolinahealth, prescription drug | 180 | $1.8M | $5,563 | 0.3% |
| Guardian Life Insurance Companydental, vision, life, short-term disability, long-term disability | 214 | — | $1,895 | — |
| Unum Life Insurance Company of Americacoverage not coded | 123 | — | $5,001 | — |
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 Coroplast Tape Corporation 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: $9,743 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 | 177 | 185 | +4.5% |
| Premiums filed | $1,390,753 | $1,753,807 | +26.1% |
| Broker commissions + fees | $114,885 | $12,459 | −89.2% |
| Commission rate | 4.3% | 0.3% | −4.0 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 |
|---|---|---|---|---|
| Coroplast Tape Corporation Health & Welfare Benefit Plan#501 · insurance, general assets | December 31, 2024 | April 23, 2025 | before deadline | 185 |
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 Coroplast Tape Corporation pay in health insurance broker commissions in 2024?
Coroplast Tape Corporation's 2024 Form 5500 reports $12,459 in broker commissions and fees across 3 insurance contracts ($10,261 in commissions, $2,198 in fees), with United Producers Group, LLC receiving the largest share.
Is Coroplast Tape Corporation'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 BCBS of South Carolina.
How does Coroplast Tape Corporation's broker compensation compare with similar employers?
Coroplast Tape Corporation paid 0.3% of medical premium in commissions and fees. The median for employers with 100-199 participants is 4.2%, and the median in South Carolina is 3.9%. Percentages are computed only on fully insured medical contracts with filed premiums.
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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.