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

Gulf Island Fabrication, Inc.

Updated Filing received by DOL

Gulf Island Fabrication, Inc., a manufacturing — metal, equipment, transportation employer in Houma, Louisiana, reported 482 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $353,402 in insurance premiums across 4 contracts and $229,409 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on July 23, 2025, before the deadline.

Participants
482
−6.9% vs 2023
Premiums filed
$353,402
premium not reported on 1 medical contract
Broker commissions + fees
$229,409
+12.2% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Gulf Island Fabrication, 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 Gulf Island Fabrication, Inc. filed for 2024.

Broker or agentCommissionsFeesTotalContracts
Lockton · Dallas, TX$40,501$169,131$209,6325
Keri Norton · Terrell, TX$7,580$0$7,5801
Kimberly K. Dixon · Frisco, TX$5,179$0$5,1791
The Blue Orange Solutions, LLC · Richardson, TX$2,638$0$2,6381
Linda Anne Leciejewski and Others · Frisco, TX$2,597$0$2,5971
Tonya Brown · Granbury, TX$1,784$0$1,7841

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
Standard Insurance Companydental, vision463$353,402——
Life Insurance Company of North Americalife, short-term disability, long-term disability487—$70,109—
Unitedhealthcare Insurance Companyhealth, prescription drug, PPO1,117—$125,857—
Continental American Insurance Companycoverage not coded159—$33,443—

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 Island Fabrication, 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.

Broker commissions + fees, dollars
Gulf Island Fabrication, Inc.
$229,409
Commission rate, % of medical premium

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

$6.1M$353,402Premiums$204,415$229,409Broker pay20232024
Gulf Island Fabrication, Inc.: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants518482−6.9%
Premiums filed$6,121,025$353,402not comparable
Broker commissions + fees$204,415$229,409+12.2%
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.

PlanPlan year endReceived by DOLTimingParticipants
Gulf Island Fabrication, Inc. Employee Benefits Plan#502 · insurance, general assetsDecember 31, 2024July 23, 2025before deadline482

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 Island Fabrication, Inc. pay in health insurance broker commissions in 2024?

Gulf Island Fabrication, Inc.'s 2024 Form 5500 reports $229,409 in broker commissions and fees across 4 insurance contracts ($60,278 in commissions, $169,131 in fees), with Lockton receiving the largest share.

Is Gulf Island Fabrication, Inc.'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 Unitedhealthcare Insurance Company.

How does Gulf Island Fabrication, Inc.'s broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Gulf Island Fabrication, Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 200-499 participants that disclosed broker pay reported a median of $77,013.

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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.