Davidson's, Inc.
Updated Filing received by DOL
Davidson's, Inc., a wholesale trade employer in Prescott, Arizona, reported 289 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $2.3M in insurance premiums across 2 contracts and $143,005 in broker commissions and fees, 4.2% 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 June 8, 2026, before the deadline.
Who was paid on Davidson's, 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 Davidson's, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Benefit Commerce GRP, an Alera GRP · Scottsdale, AZ | $131,882 | $0 | $131,882 | 2 |
| Alera Group, Inc. | $0 | $11,103 | $11,103 | 1 |
| Lockton · Scottsdale, AZ | $20 | $0 | $20 | 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 |
|---|---|---|---|---|
| Blue Cross & Blue Shield of Arizonahealth | 325 | $2.3M | $96,605 | 4.2% |
| The Guardian Life Insurance Company of Americadental, vision, life, short-term disability, long-term disability | 297 | — | $46,400 | — |
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 Davidson's, 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: $7,023 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 | 298 | 289 | −3.0% |
| Premiums filed | $2,391,967 | $2,282,574 | −4.6% |
| Broker commissions + fees | $101,864 | $143,005 | +40.4% |
| Commission rate | 2.6% | 4.2% | +1.6 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 |
|---|---|---|---|---|
| Davidson's, Inc. Health and Welfare Plan#501 · insurance, general assets | November 30, 2025 | June 8, 2026 | before deadline | 289 |
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 Davidson's, Inc. pay in health insurance broker commissions in 2024?
Davidson's, Inc.'s 2024 Form 5500 reports $143,005 in broker commissions and fees across 2 insurance contracts ($131,902 in commissions, $11,103 in fees), with Benefit Commerce GRP, an Alera GRP receiving the largest share.
Is Davidson's, 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 Blue Cross & Blue Shield of Arizona.
How does Davidson's, Inc.'s broker compensation compare with similar employers?
Davidson's, Inc. paid 4.2% of medical premium in commissions and fees. The median for employers with 200-499 participants is 3.6%, and the median in Arizona is 7.5%. 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.