FMC Corporation
Updated Filing received by DOL
FMC Corporation, a manufacturing — metal, equipment, transportation employer in Philadelphia, Pennsylvania, reported 1,475 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $831,692 in insurance premiums across 19 contracts and $185,603 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on September 23, 2025, within the extension window.
Who was paid on FMC Corporation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract FMC Corporation filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Mercer · Minneapolis, MN | $108,523 | $43,556 | $152,079 | 6 |
| Marsh McLennan Agency · San Juan, PR | $33,268 | $0 | $33,268 | 1 |
| John J Halpin · Arlington Heights, IL | $256 | $0 | $256 | 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 |
|---|---|---|---|---|
| Triple-S Salud, Inchealth, dental, prescription drug | 74 | $831,692 | $33,268 | 4.0% |
| Vision Service Planvision | 865 | — | — | — |
| Federal Insurance Companycoverage not coded | 1,163 | — | — | — |
| Pre-Paid Legal Services, Inc. dba Legalshieldcoverage not coded | 160 | — | $3,687 | — |
| Aetna Life Insurance Companyhealth, dental, prescription drug, PPO, indemnity | 14 | — | — | — |
| American General Life Insurance Companycoverage not coded | 1,275 | — | — | — |
| Hartford Life and Accidentlife, long-term disability | 1,925 | — | $69,988 | — |
| Federal Insurance Companycoverage not coded | 2 | — | — | — |
| Hartford Life and Accidentlife | 1,270 | — | $77,988 | — |
| Aetna Life Insurance Cohealth, prescription drug, PPO | 1 | — | — | — |
| Aetna Life Insurance Co.health, prescription drug, PPO | 12 | — | — | — |
| Aetna Life Insurance Co.health, prescription drug, PPO | 1 | — | — | — |
| Aetna Life Insurance Co.health, prescription drug, PPO | 2 | — | — | — |
| Aetna Life Insurance Co.health, prescription drug, PPO | 5 | — | — | — |
| Aetna Life Insurance Co.health, prescription drug, PPO | 33 | — | — | — |
| Aetna Life Insurance Co.health, prescription drug, PPO | 7 | — | — | — |
| Aetna Life Insurance Co.health, prescription drug, PPO | 3 | — | — | — |
| Aetna Life Insurance Co.health, prescription drug, PPO | 12 | — | — | — |
| Highmark New Yorkhealth, prescription drug, PPO | 4 | — | $672 | — |
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 FMC Corporation 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.
Premium per covered person on medical contracts: $11,239 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
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 1,509 | 1,475 | −2.3% |
| Premiums filed | $1,146,759 | $831,692 | not comparable |
| Broker commissions + fees | $241,147 | $185,603 | −23.0% |
| 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 |
|---|---|---|---|---|
| FMC Corporation Welfare Benefits Program#504 · insurance, general assets | December 31, 2024 | September 23, 2025 | within extension | 1,475 |
| FMC Retiree Medical Plan#503 · insurance, general assets | December 31, 2024 | September 23, 2025 | within extension | 1,256 |
| FMC Corporation Health Plan of Puerto Rico#501 · insurance | December 31, 2024 | September 23, 2025 | within extension | 116 |
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 FMC Corporation pay in health insurance broker commissions in 2024?
FMC Corporation's 2024 Form 5500 reports $185,603 in broker commissions and fees across 19 insurance contracts ($142,047 in commissions, $43,556 in fees), with Mercer receiving the largest share.
Is FMC Corporation'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 Triple-S Salud, Inc, Aetna Life Insurance Company, Aetna Life Insurance Co.
How does FMC Corporation's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for FMC Corporation 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.