Hcew Inc
Updated Filing received by DOL
Hcew Inc, a manufacturing — metal, equipment, transportation employer in City of Industry, California, reported 2,752 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $45M in insurance premiums across 11 contracts and $1.9M in broker commissions and fees. The plan is fully insured (an insurance carrier pays claims). The Department of Labor received an amended filing on September 23, 2026; the original filing date is not in the public dataset.
Who was paid on Hcew 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 Hcew Inc filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| James P Bennett & Company · Santa Monica, CA | $1,746,594 | $98,297 | $1,844,891 | 10 |
| Plansource Ben Administration Inc · Orlando, FL | $0 | $57,031 | $57,031 | 4 |
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. Where Part I rows added up to more than the contract's Schedule A total, they were scaled down to that total. 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 |
|---|---|---|---|---|
| Anthem Blue Crosshealth, dental, vision, prescription drug, HMO, PPO, indemnity | 2,449 | $43M | $1.4M | 3.3% |
| Blue Cross and Blue Shield of Alabamahealth, prescription drug, PPO | 255 | $2.2M | — | — |
| Federal Insurance Companycoverage not coded | 335 | — | $225 | — |
| United of Omaha Life Insurance Companylife | 2,860 | — | $14,404 | — |
| United of Omaha Life Insurance Companylong-term disability | 2,857 | — | $66,723 | — |
| United of Omaha Life Insurance Companycoverage not coded | 1,131 | — | $70,925 | — |
| United of Omaha Life Insurance Companyshort-term disability | 2,586 | — | $75,700 | — |
| Kaiser Foundation Health Plan, Inchealth, HMO | 239 | — | $84,503 | — |
| United of Omaha Life Insurance Companycoverage not coded | 1,513 | — | $43,278 | — |
| United of Omaha Life Insurance Companycoverage not coded | 1,331 | — | $94,887 | — |
| United of Omaha Life Insurance Companycoverage not coded | 975 | — | $48,562 | — |
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 Hcew 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.
Premium per covered person on medical contracts: $16,582 a year (national median $7,274).
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
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 |
|---|---|---|---|---|
| Hcew, Inc. Premium Conversion Plan#503 · amended · insurance | February 28, 2025 | September 23, 2026 | amended filing; original date not in data | 2,752 |
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 Hcew Inc pay in health insurance broker commissions in 2024?
Hcew Inc's 2024 Form 5500 reports $1,901,832 in broker commissions and fees across 11 insurance contracts ($1,763,973 in commissions, $137,859 in fees), with James P Bennett & Company receiving the largest share.
Is Hcew Inc's health plan self-funded or fully insured?
The 2024 filing indicates the plan is fully insured (an insurance carrier pays claims). Medical coverage is written by Anthem Blue Cross, Blue Cross and Blue Shield of Alabama, Kaiser Foundation Health Plan, Inc.
How does Hcew Inc's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Hcew Inc 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.