BenefitsLedger
Employer health plan record · Plan year 2024 · Form 5500

Field Management Services

Management of companies · Northbrook, Illinois · EIN ending 2443

Updated Filing received by DOL

Field Management Services, a management of companies employer in Northbrook, Illinois, reported 192 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 7 insurance contracts with no premium reported and $98,521 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on March 13, 2026, 41 days after the base deadline with no extension indicated on the form.

Participants
192
+1.6% vs 2023
Premiums filed
none
premium not reported on 1 medical contract
Broker commissions + fees
$98,521
+109.2% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Field Management Services's plan

Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Field Management Services filed for 2024.

Broker or agentCommissionsFeesTotalContracts
GCG Financial LLC · Deerfield, IL$92,631$0$92,6317
National Benefit Center · Beachwood, OH$0$3,386$3,3864
M H Advisors Inc. · Apple Creek, OH$2,282$0$2,2821
Covey Run Ins LLC · Amherst, OH$119$0$1191
Cgi Voluntary Benefits Inc. · Shaker Heights, OH$52$0$521
Layne Financial Inc. · New Castle, PA$30$0$301
Hufhand Mark L · North Canton, OH$11$0$111
Cathy Stienmetz · Bolivar, OH$7$0$71
Berube Michael W · Canton, OH$1$0$11
Boston Thomas W · Hartville, OH$1$0$11
Leonard Insurance Agency Inc · North Canton, OH$1$0$11

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 · coverageCoveredPremiumBroker payRate
Life Insurance Company of North Americalong-term disability140—$6,908—
Life Insurance Company of North Americashort-term disability116—$10,020—
Life Insurance Company of North Americacoverage not coded245—$1,090—
Life Insurance Company of North Americalife249—$10,764—
Blue Cross Blue Shield of Illinioshealth, dental287—$63,951—
Vision Service Planvision156—$1,630—
American Heritage Life Insurance Companycoverage not coded51—$4,158—

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 Field Management Services 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.

Broker commissions + fees, dollars
Field Management Services
$98,521
Commission rate, % of medical premium

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

$47,086$98,521Broker pay20232024
Field Management Services: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants189192+1.6%
Premiums filed$0$0not comparable
Broker commissions + fees$47,086$98,521+109.2%
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.

PlanPlan year endReceived by DOLTimingParticipants
Field Management Services Employee Benefits Plan#501 · filed under DFVCP · insurance, general assetsJune 30, 2025March 13, 202641 days after deadline, no extension indicated192

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 Field Management Services pay in health insurance broker commissions in 2024?

Field Management Services's 2024 Form 5500 reports $98,521 in broker commissions and fees across 7 insurance contracts ($95,135 in commissions, $3,386 in fees), with GCG Financial LLC receiving the largest share.

Is Field Management Services'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 Illinios.

How does Field Management Services's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Field Management Services 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.

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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.