Galway Holdings LP
Updated Filing received by DOL
Galway Holdings LP, a finance & insurance employer in New York, New York, reported 4,702 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 13 insurance contracts with no premium reported and $508,905 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on May 21, 2026, before the deadline.
Who was paid on Galway Holdings LP's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Galway Holdings LP filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| EPIC Insurance Brokers · New York, NY | $168,904 | $170,287 | $339,191 | 11 |
| J Manning and Associates-Kcfw · Chicago, IL | $71,233 | $0 | $71,233 | 1 |
| Bene Re LLC · Toledo, OH | $0 | $60,243 | $60,243 | 1 |
| Ltci Partners Llc-Kcem · San Antonio, TX | $30,527 | $0 | $30,527 | 1 |
| Frenkel Benefits · New York, NY | $6,181 | $0 | $6,181 | 1 |
| Morris & Boyle, an Alera · Walnut Creek, CA | $0 | $477 | $477 | 1 |
| Alera Group, Inc dba · Atlanta, GA | $321 | $126 | $447 | 1 |
| M Financial Holdins Inc · Portland, OR | $0 | $169 | $169 | 1 |
| Yarbrough, Kenneth C · Atlanta, GA | $0 | $50 | $50 | 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 |
|---|---|---|---|---|
| Reliastar Life Insurance Companycoverage not coded | 2,405 | — | $60,243 | — |
| Hartford Life and Accidentcoverage not coded | 4,811 | — | $55 | — |
| Federal Insurance Companycoverage not coded | 588 | — | $633 | — |
| Combined Insurancecoverage not coded | 407 | — | $168,038 | — |
| Kaiser Foundation Health Plan of Georgiahealth, prescription drug, HMO | 46 | — | $6,181 | — |
| Kaiser Foundation Health Plan of Hawaiihealth, prescription drug, HMO | 4 | — | $523 | — |
| Kaiser Foundation Health Plan Inchealth, prescription drug, HMO | 76 | — | $17,422 | — |
| Kaiser Foundation Health Plan Inchealth, prescription drug, HMO | 200 | — | $39,885 | — |
| Lincoln National Life Insurance Companylife | 4,811 | — | $88,117 | — |
| Lincoln National Life Insurance Companylong-term disability | 4,798 | — | $53,610 | — |
| Provident Life and Accident Insurance Companyshort-term disability | 79 | — | $48,955 | — |
| Provident Life and Casualty Insurance Companyshort-term disability | 25 | — | $18,887 | — |
| Vision Service Planvision | 3,489 | — | $6,356 | — |
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 Galway Holdings LP 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 | 4,445 | 4,702 | +5.8% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $884,457 | $508,905 | −42.5% |
| 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 |
|---|---|---|---|---|
| Galway Holdings LP Welfare Benefits Plan#501 · insurance, general assets | December 31, 2025 | May 21, 2026 | before deadline | 4,702 |
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 Galway Holdings LP pay in health insurance broker commissions in 2025?
Galway Holdings LP's 2025 Form 5500 reports $508,905 in broker commissions and fees across 13 insurance contracts ($277,553 in commissions, $231,352 in fees), with EPIC Insurance Brokers receiving the largest share.
Is Galway Holdings LP's health plan self-funded or fully insured?
The 2025 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Kaiser Foundation Health Plan of Georgia, Kaiser Foundation Health Plan of Hawaii, Kaiser Foundation Health Plan Inc.
How does Galway Holdings LP's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Galway Holdings LP 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.