Global Atlantic Financial Company
Updated Filing received by DOL
Global Atlantic Financial Company, an administrative & support services employer in New York, New York, reported 1,541 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 6 insurance contracts with no premium reported and $114,325 in broker commissions and fees. The plan is self-funded (the employer pays claims itself). The Department of Labor received the filing on June 1, 2026, before the deadline.
Who was paid on Global Atlantic Financial Company's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Global Atlantic Financial Company filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Jerry Manning · Chicago, IL | $35,417 | $0 | $35,417 | 1 |
| Kurt Bogseth LLC dba Echelon Wealth · West Des Moines, IA | $21,250 | $0 | $21,250 | 1 |
| Willis Towers Watson · Columbus, OH | $0 | $20,730 | $20,730 | 2 |
| BSC Agency LLC · West Des Moines, IA | $0 | $16,953 | $16,953 | 1 |
| Ltci Partners, LLC · Round Lake Beach, IL | $14,167 | $0 | $14,167 | 1 |
| Kurt R Bogseth · West Des Moines, IA | $3,024 | $0 | $3,024 | 1 |
| Kenneth C Yarbrough · Alpharetta, GA | $1,858 | $0 | $1,858 | 1 |
| John Driscoll & Company Inc · Phoenix, AZ | $0 | $497 | $497 | 1 |
| The Guardian Life Insurance Company · New York, NY | $0 | $429 | $429 | 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 |
|---|---|---|---|---|
| Berkshire Life Insurance Company of Americalong-term disability | 46 | — | $5,808 | — |
| Zurich American Insurance Companycoverage not coded | 1,598 | — | — | — |
| Metropolitan Life Insurance Companylife, short-term disability, long-term disability | 2,225 | — | $37,683 | — |
| United Behavioral Health dba Optumcoverage not coded | 19,332 | — | — | — |
| Eyemed Vision Care on Behalf of Fidelity Security Life Ins Co of NYvision | 2,469 | — | — | — |
| American Heritage Life Insurance Companylife | 61 | — | $70,834 | — |
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 Global Atlantic Financial Company 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 | 1,595 | 1,541 | −3.4% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $99,519 | $114,325 | +14.9% |
| 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 |
|---|---|---|---|---|
| Global Atlantic Financial Company Wrap Benefit Plan#501 · final filing · insurance, general assets | December 31, 2025 | June 1, 2026 | before deadline | 1,541 |
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 Global Atlantic Financial Company pay in health insurance broker commissions in 2025?
Global Atlantic Financial Company's 2025 Form 5500 reports $114,325 in broker commissions and fees across 6 insurance contracts ($75,716 in commissions, $38,609 in fees), with Jerry Manning receiving the largest share.
Is Global Atlantic Financial Company's health plan self-funded or fully insured?
The 2025 filing indicates the plan is self-funded (the employer pays claims itself).
How does Global Atlantic Financial Company's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Global Atlantic Financial Company 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.