BenefitsLedger
Employer health plan record · Plan year 2024 · Form 5500

Gulf Coast Manufacturing, LLC

Updated Filing received by DOL

Gulf Coast Manufacturing, LLC, a manufacturing — metal, equipment, transportation employer in Gray, Louisiana, reported 134 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $1.3M in insurance premiums across 1 contract and $68,744 in broker commissions and fees, 5.3% of medical premium against a national median of 3.8% among plans that paid commissions in plan year 2024. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on November 14, 2025, 14 days after the base deadline with no extension indicated on the form.

Participants
134
+14.5% vs 2023
Premiums filed
$1.3M
+14.0% vs 2023
Broker commissions + fees
$68,744
+17.5% vs 2023
Commission rate
5.3%
of medical premium · median 3.8%

Who was paid on Gulf Coast Manufacturing, 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 Gulf Coast Manufacturing, LLC filed for 2024.

Broker or agentCommissionsFeesTotalContracts
HUB International · Metairie, LA$45,545$23,199$68,7441

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 · coverageCoveredPremiumBroker payRate
Blue Cross and Blue Shield of Louisianahealth213$1.3M$68,7445.3%

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 Gulf Coast Manufacturing, 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.

Broker commissions + fees, dollars
Gulf Coast Manufacturing, LLC
$68,744
Commission rate, % of medical premium
Gulf Coast Manufacturing, LLC
5.3%

Premium per covered person on medical contracts: $6,109 a year (national median $7,274).

Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.

Year over year

$1.1M$1.3MPremiums$58,486$68,744Broker pay20232024
Gulf Coast Manufacturing, LLC: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants117134+14.5%
Premiums filed$1,140,992$1,301,296+14.0%
Broker commissions + fees$58,486$68,744+17.5%
Commission rate5.1%5.3%+0.2 pts

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.

PlanPlan year endReceived by DOLTimingParticipants
Gulf Coast Manufacturing, LLC - Health Plan#501 · filed under DFVCP · insurance, general assetsMarch 31, 2025November 14, 202514 days after deadline, no extension indicated134

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 Gulf Coast Manufacturing, LLC pay in health insurance broker commissions in 2024?

Gulf Coast Manufacturing, LLC's 2024 Form 5500 reports $68,744 in broker commissions and fees across 1 insurance contracts ($45,545 in commissions, $23,199 in fees), with HUB International receiving the largest share.

Is Gulf Coast Manufacturing, LLC'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 Blue Cross and Blue Shield of Louisiana.

How does Gulf Coast Manufacturing, LLC's broker compensation compare with similar employers?

Gulf Coast Manufacturing, LLC paid 5.3% of medical premium in commissions and fees. The median for employers with 100-199 participants is 4.2%, and the median in Louisiana is 5.0%. Percentages are computed only on fully insured medical contracts with filed premiums.

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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.