Ferreira Construction Co., Inc.
Updated Filing received by DOL
Ferreira Construction Co., Inc., a construction employer in Branchburg, New Jersey, reported 376 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 4 insurance contracts with no premium reported and $37,533 in broker commissions and fees. The plan is self-funded (the employer pays claims itself). The Department of Labor received an amended filing on June 29, 2026; the original filing date is not in the public dataset.
Who was paid on Ferreira Construction Co., 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 Ferreira Construction Co., Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Brown & Brown · Linwood, NJ | $25,257 | $0 | $25,257 | 1 |
| Davis J Rieman JR · Mahwah, NJ | $9,029 | $0 | $9,029 | 1 |
| Acrisure · Parsippany, NJ | $2,757 | $0 | $2,757 | 2 |
| Elaine Guady · Morris Plains, NJ | $345 | $9 | $354 | 1 |
| Joshua Paul Group Inc · Randolph, NJ | $65 | $9 | $74 | 1 |
| Olivia Friis · Randolph, NJ | $0 | $62 | $62 | 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 |
|---|---|---|---|---|
| Unum Life Insurance Company of Americalife, long-term disability | 324 | — | $9,029 | — |
| Aflaccoverage not coded | 1 | — | $634 | — |
| Cigna Health and Life Insurance Company and Affiliatesdental, indemnity | 447 | — | $25,257 | — |
| Heartlandvision | 567 | — | $2,613 | — |
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 Ferreira Construction Co., 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.
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
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 286 | 376 | +31.5% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $58,555 | $37,533 | −35.9% |
| Commission rate | — | — | — |
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 |
|---|---|---|---|---|
| Ferreira Construction Co., Inc. Employee Benefit Plan#501 · amended · insurance, general assets | June 30, 2025 | June 29, 2026 | amended filing; original date not in data | 376 |
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 Ferreira Construction Co., Inc. pay in health insurance broker commissions in 2024?
Ferreira Construction Co., Inc.'s 2024 Form 5500 reports $37,533 in broker commissions and fees across 4 insurance contracts ($37,453 in commissions, $80 in fees), with Brown & Brown receiving the largest share.
Is Ferreira Construction Co., Inc.'s health plan self-funded or fully insured?
The 2024 filing indicates the plan is self-funded (the employer pays claims itself).
How does Ferreira Construction Co., Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Ferreira Construction Co., Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 200-499 participants that disclosed broker pay reported a median of $77,013.
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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.