Graybar Electric Company, Inc.
Updated Filing received by DOL
Graybar Electric Company, Inc., a wholesale trade employer in ST. Louis, Missouri, reported 9,174 participants in its health and welfare plans for plan year 2025. Its Form 5500 shows 12 insurance contracts with no premium reported and $623,069 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 14, 2026, within the extension window.
Who was paid on Graybar Electric Company, Inc.'s plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Graybar Electric Company, Inc. filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Marsh McLennan Agency · Boston, MA | $472,392 | $31,925 | $504,317 | 6 |
| Tencode Benefits LLC · Frisco, TX | $0 | $67,350 | $67,350 | 1 |
| Willis Towers Watson · New York, NY | $51,148 | $254 | $51,402 | 2 |
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 |
|---|---|---|---|---|
| Hawaii Medical Service Associationhealth, HMO | 40 | — | — | — |
| Kaiser Foundation Health Plan Inchealth, HMO | 180 | — | — | — |
| Kaiser Foundation Health Plan Inchealth, HMO | 229 | — | — | — |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.vision | 12,107 | — | — | — |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.vision | 102 | — | — | — |
| Metropolitan Life Insurance Companycoverage not coded | 38 | — | $16,295 | — |
| Metropolitan Life Insurance Companydental | 13,946 | — | $51,402 | — |
| Unum Life Insurance Company of Americalong-term disability | 8,854 | — | $43,696 | — |
| Life Insurance Company of North Americalife | 9,063 | — | $502,565 | — |
| Life Insurance Company of North Americalife | 3,948 | — | — | — |
| Life Insurance Company of North Americacoverage not coded | 9,063 | — | $9,111 | — |
| Zurich American Insurance Companycoverage not coded | — | — | — | — |
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 Graybar Electric Company, Inc. 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 | 8,299 | 9,174 | +10.5% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $528,448 | $623,069 | +17.9% |
| 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 |
|---|---|---|---|---|
| Graybar Electric Company, Inc. Employee Benefits Plan#501 · insurance, general assets | December 31, 2025 | September 14, 2026 | within extension | 9,174 |
| Graybar Electric Company, Inc. Group Medical Plan for Retirees#513 · general assets | December 31, 2025 | September 14, 2026 | within extension | 736 |
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 Graybar Electric Company, Inc. pay in health insurance broker commissions in 2025?
Graybar Electric Company, Inc.'s 2025 Form 5500 reports $623,069 in broker commissions and fees across 12 insurance contracts ($523,540 in commissions, $99,529 in fees), with Marsh McLennan Agency receiving the largest share.
Is Graybar Electric Company, Inc.'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 Hawaii Medical Service Association, Kaiser Foundation Health Plan Inc.
How does Graybar Electric Company, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Graybar Electric Company, Inc. 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.