Florida Bankers Health Consortium, Inc
Updated Filing received by DOL
Florida Bankers Health Consortium, Inc, a finance & insurance employer in Winter Park, Florida, reported 3,259 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $28M in insurance premiums across 5 contracts and $607,169 in broker commissions and fees. The plan is self-funded (the employer pays claims itself). The Department of Labor received the filing on June 29, 2026, before the deadline.
Who was paid on Florida Bankers Health Consortium, 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 Florida Bankers Health Consortium, Inc filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| HUB International · Fort Meyers, FL | $515 | $278,085 | $278,600 | 4 |
| Trust Management Group, Inc. · Lake Mary, FL | $191,812 | $63,688 | $255,500 | 3 |
| American Central Insurance Agency · Miami, FL | $20,790 | $0 | $20,790 | 2 |
| USI Insurance Services · Virginia Beach, VA | $17,059 | $70 | $17,129 | 2 |
| The Baldwin Group · Tampa, FL | $9,867 | $0 | $9,867 | 1 |
| Fringe Benefit Plans Inc · Winter Park, FL | $9,185 | $19 | $9,204 | 1 |
| MFB Financial Inc dba the Bailey · Philadelphia, PA | $8,989 | $0 | $8,989 | 1 |
| CBIZ · Cincinnati, OH | $2,504 | $183 | $2,687 | 1 |
| John R Stoner Organization Inc · Saint Petersburg, FL | $1,423 | $0 | $1,423 | 2 |
| World Insurance Associates · Philadelphia, PA | $655 | $312 | $967 | 2 |
| Brown & Brown · Atlanta, GA | $0 | $653 | $653 | 3 |
| NFP · Austin, TX | $602 | $0 | $602 | 1 |
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 Floridacoverage not coded | 1,182 | $19M | $193,809 | 1.0% |
| Health Optionsprescription drug, HMO | 667 | $8.4M | $83,953 | 1.0% |
| Metropolitan Life Insurance Companydental, vision | 3,105 | — | $324,758 | — |
| Safe Guard Health Plans, Inc., a Florida Corporationdental, HMO | 183 | — | $3,188 | — |
| Metropolitan General Insurance Companycoverage not coded | 114 | — | $1,461 | — |
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 Florida Bankers Health Consortium, 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
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 2,233 | 3,259 | +45.9% |
| Premiums filed | $24,322,254 | $27,776,142 | +14.2% |
| Broker commissions + fees | $429,656 | $607,169 | +41.3% |
| 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 |
|---|---|---|---|---|
| FBHC Welfare Benefit Plan#501 · insurance, trust | December 31, 2025 | June 29, 2026 | before deadline | 3,259 |
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 Florida Bankers Health Consortium, Inc pay in health insurance broker commissions in 2025?
Florida Bankers Health Consortium, Inc's 2025 Form 5500 reports $607,169 in broker commissions and fees across 5 insurance contracts ($263,401 in commissions, $343,768 in fees), with HUB International receiving the largest share.
Is Florida Bankers Health Consortium, Inc's health plan self-funded or fully insured?
The 2025 filing indicates the plan is self-funded (the employer pays claims itself).
How does Florida Bankers Health Consortium, Inc's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Florida Bankers Health Consortium, Inc because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 1,000-4,999 participants that disclosed broker pay reported a median of $168,579.
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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.