FMR LLC
Updated Filing received by DOL
FMR LLC, a finance & insurance employer in Boston, Massachusetts, reported 69,345 participants in its health and welfare plans for plan year 2024. The filing lists no insurance contracts on Schedule A, which is typical of a self-funded plan without reported stop-loss or ancillary policies. The plan is self-funded (the employer pays claims itself). The Department of Labor received the filing on October 13, 2025, within the extension window.
How FMR LLC 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 | 60,543 | 69,345 | +14.5% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $0 | $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 |
|---|---|---|---|---|
| Fidelity Retiree Health Reimbursement Plan#561 · general assets, trust | December 31, 2024 | October 13, 2025 | within extension | 69,345 |
| Fidelity Group Employees Medical, Dental and Cafeteria Plan#506 · general assets | December 31, 2024 | October 13, 2025 | within extension | 65,710 |
| Fidelity 2021 Voluntary Buyout Opportunity Plan#581 · general assets | December 31, 2024 | October 13, 2025 | within extension | 1,698 |
| Fidelity 2017 Voluntary Buyout Opportunity Plan#580 · general assets | December 31, 2024 | October 13, 2025 | within extension | 337 |
| Fidelity Health Care Access Plan#508 · general assets | December 31, 2024 | October 14, 2025 | within extension | 168 |
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 FMR LLC pay in health insurance broker commissions in 2024?
FMR LLC's 2024 Form 5500 reports no broker commissions or fees on Schedule A. Self-funded plans often pay consultants directly, which the public filing does not always capture.
Is FMR LLC's health plan self-funded or fully insured?
The 2024 filing indicates the plan is self-funded (the employer pays claims itself).
How does FMR LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for FMR LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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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.