Family Trust Fcu
Updated Filing received by DOL
Family Trust Fcu, a finance & insurance employer in Rock Hill, South Carolina, reported 118 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $1.1M in insurance premiums across 3 contracts and $54,472 in broker commissions and fees, 3.0% 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 11, 2026, before the deadline.
Who was paid on Family Trust Fcu's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Family Trust Fcu filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Gallagher · Charlotte, NC | $49,693 | $4,779 | $54,472 | 4 |
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 |
|---|---|---|---|---|
| Blue Cross Blue Shield of South Carolinahealth, prescription drug | 113 | $1.1M | $34,000 | 3.0% |
| Delta Dental of Missouridental, vision | 100 | — | $1,230 | — |
| United of Omaha Life Insurance Companylife, short-term disability, long-term disability, indemnity | 136 | — | $19,242 | — |
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 Family Trust Fcu 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: $10,013 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
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 119 | 118 | −0.8% |
| Premiums filed | $1,009,165 | $1,131,473 | +12.1% |
| Broker commissions + fees | $58,353 | $54,472 | −6.7% |
| Commission rate | 3.2% | 3.0% | −0.2 pts |
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 |
|---|---|---|---|---|
| Flexible Benefits Plan#501 · insurance, general assets | December 31, 2025 | June 11, 2026 | before deadline | 118 |
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 Family Trust Fcu pay in health insurance broker commissions in 2025?
Family Trust Fcu's 2025 Form 5500 reports $54,472 in broker commissions and fees across 3 insurance contracts ($49,693 in commissions, $4,779 in fees), with Gallagher receiving the largest share.
Is Family Trust Fcu's health plan self-funded or fully insured?
The 2025 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Blue Cross Blue Shield of South Carolina.
How does Family Trust Fcu's broker compensation compare with similar employers?
Family Trust Fcu paid 3.0% 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.