Guggenheim Capital LLC
Updated Filing received by DOL
Guggenheim Capital LLC, a finance & insurance employer in Chicago, Illinois, reported 1,992 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 10 insurance contracts with no premium reported and $319,488 in broker commissions and fees. The plan is self-funded (the employer pays claims itself, with stop-loss coverage from Aetna Life Insurance Company). The Department of Labor received an amended filing on January 12, 2026; the original filing date is not in the public dataset.
Who was paid on Guggenheim Capital LLC's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Guggenheim Capital LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Joseph K Haley · Park Ridge, IL | $317,879 | $0 | $317,879 | 6 |
| JK Haley & Associates · Chicago, IL | $1,609 | $0 | $1,609 | 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
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 |
|---|---|---|---|---|
| Guardianlife, short-term disability, long-term disability | 1,988 | — | $38,124 | — |
| Aetna Life Insurance Companyindemnity | 973 | — | $25,126 | — |
| Guardiandental | 1,759 | — | $125,773 | — |
| Metlife Legal Planscoverage not coded | 297 | — | $1,609 | — |
| Guardianlong-term disability | 195 | — | $9,059 | — |
| Life Insurance Company of North Americalife | 2,010 | — | $99,162 | — |
| Life Insurance Company of North Americacoverage not coded | 2,063 | — | — | — |
| Aetna Life Insurance Companyvision | 3,128 | — | $20,635 | — |
| Aetna Life Insurance Companystop-loss | 1,757 | — | — | — |
| Unum Life Insurance Company of Americashort-term disability, long-term disability | 2,076 | — | — | — |
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 Guggenheim Capital 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 | 1,962 | 1,992 | +1.5% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $300,028 | $319,488 | +6.5% |
| 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 |
|---|---|---|---|---|
| Employee Health & Welfare Benefit Program of Guggenheim Capital, LLC#501 · amended · insurance, general assets | December 31, 2024 | January 12, 2026 | amended filing; original date not in data | 1,992 |
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 Guggenheim Capital LLC pay in health insurance broker commissions in 2024?
Guggenheim Capital LLC's 2024 Form 5500 reports $319,488 in broker commissions and fees across 10 insurance contracts ($319,488 in commissions, $0 in fees), with Joseph K Haley receiving the largest share.
Is Guggenheim Capital LLC's health plan self-funded or fully insured?
The 2024 filing indicates the plan is self-funded (the employer pays claims itself, with stop-loss coverage from Aetna Life Insurance Company).
How does Guggenheim Capital LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Guggenheim Capital LLC 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.