General Dynamics Corporation
Updated Filing received by DOL
General Dynamics Corporation, a manufacturing — metal, equipment, transportation employer in Reston, Virginia, reported 45,056 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $5.6M in insurance premiums across 197 contracts and $8.9M in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 3, 2025, within the extension window.
Who was paid on General Dynamics 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 General Dynamics Corporation filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Marsh McLennan Agency · King of Prussia, PA | $7,114,660 | $1,827,157 | $8,941,817 | 118 |
| Sedgwick Claims MGMT SVCS., Inc · Memphis, TN | $0 | $4,972 | $4,972 | 1 |
| Img · Indianapolis, IA | $0 | $653 | $653 | 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
The 24 largest of 197 contracts reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
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 General Dynamics 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.
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 | 45,243 | 45,056 | −0.4% |
| Premiums filed | $5,407,510 | $5,628,778 | +4.1% |
| Broker commissions + fees | $15,286,929 | $8,947,442 | −41.5% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
The 8 largest of 22 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 |
|---|---|---|---|---|
| General Dynamics Corporation Subsidiary Health & Welfare Plan#561 · insurance, general assets | December 31, 2024 | October 3, 2025 | within extension | 45,056 |
| Group Insurance & Health Benefits for Salaried Employees of General Dynamics Corporation, Electric Boat Division#529 · insurance, general assets | December 31, 2024 | October 3, 2025 | within extension | 20,341 |
| Gulfstream Aerospace Corporation Health & Welfare Benefits Plan#592 · insurance, general assets | December 31, 2024 | October 3, 2025 | within extension | 14,550 |
| Bath Iron Works Corporation Health Care Program#598 · insurance, general assets | December 31, 2024 | October 3, 2025 | within extension | 9,511 |
| Group Insurance & Health Benefits for Hourly Employees of General Dynamics Corporation, Electric Boat Division#508 · insurance, general assets | December 31, 2024 | October 3, 2025 | within extension | 7,395 |
| General Dynamics Corporation Reimbursement Accounts Plan#556 · general assets | December 31, 2024 | October 7, 2025 | within extension | 5,241 |
| General Dynamics Is&T Retiree Benefits Plan#565 · insurance, general assets, trust | December 31, 2024 | October 3, 2025 | within extension | 4,635 |
| General Dynamics Land Systems Health and Welfare Plan#615 · insurance, general assets | December 31, 2024 | October 3, 2025 | within extension | 3,697 |
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 General Dynamics Corporation pay in health insurance broker commissions in 2024?
General Dynamics Corporation's 2024 Form 5500 reports $8,947,442 in broker commissions and fees across 197 insurance contracts ($7,114,660 in commissions, $1,832,782 in fees), with Marsh McLennan Agency receiving the largest share.
Is General Dynamics 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 Simnsa.
How does General Dynamics Corporation's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for General Dynamics Corporation 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.