Diamond Mowers, LLC
Updated Filing received by DOL
Diamond Mowers, LLC, a manufacturing — metal, equipment, transportation employer in Sioux Falls, South Dakota, reported 138 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $238,261 in insurance premiums across 7 contracts and $12,167 in broker commissions and fees. The plan is self-funded (the employer pays claims itself, with stop-loss coverage from HCC Life Insurance Company). The Department of Labor received an amended filing on July 30, 2026; the original filing date is not in the public dataset.
Who was paid on Diamond Mowers, LLC's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Diamond Mowers, LLC filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Holmes Murphy · Des Moines, IA | $12,167 | $0 | $12,167 | 5 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "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 |
|---|---|---|---|---|
| The Standarddental | 126 | $124,215 | $3,112 | 2.5% |
| The Standardlong-term disability | 186 | $33,601 | $3,791 | 11.3% |
| The Standardlife | 186 | $31,329 | $2,483 | 7.9% |
| The Standardshort-term disability | 65 | $30,747 | $2,345 | 7.6% |
| The Standardvision | 117 | $18,369 | $436 | 2.4% |
| HCC Life Insurance Companystop-loss | 137 | — | — | — |
| Uni4ed Healthcare Insurance Companycoverage not coded | 244 | — | — | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Diamond Mowers, LLC 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.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 142 | 138 | −2.8% |
| Premiums filed | $244,413 | $238,261 | −2.5% |
| Broker commissions + fees | $293,815 | $12,167 | −95.9% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2024 and 2025.
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 |
|---|---|---|---|---|
| Diamond Mowers, LLC Group Health Insurance Plan#501 · amended · insurance | April 30, 2026 | July 30, 2026 | amended filing; original date not in data | 138 |
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 Diamond Mowers, LLC pay in health insurance broker commissions in 2025?
Diamond Mowers, LLC's 2025 Form 5500 reports $12,167 in broker commissions and fees across 7 insurance contracts ($12,167 in commissions, $0 in fees), with Holmes Murphy receiving the largest share.
Is Diamond Mowers, LLC's health plan self-funded or fully insured?
The 2025 filing indicates the plan is self-funded (the employer pays claims itself, with stop-loss coverage from HCC Life Insurance Company).
How does Diamond Mowers, LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Diamond Mowers, LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 100-199 participants that disclosed broker pay reported a median of $53,852.
Send the full findings to your inbox.
A specialist writes up every finding for Diamond Mowers, LLC 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.