Helix Electric, Inc.
Updated Filing received by DOL
Helix Electric, Inc., a construction employer in San Diego, California, reported 2,025 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 14 insurance contracts with no premium reported and $434,583 in broker commissions and fees. The plan is fully insured (an insurance carrier pays claims). The Department of Labor received the filing on October 13, 2025, within the extension window.
Who was paid on Helix Electric, 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 Helix Electric, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| GBS Benefits, Inc. · Salt Lake City, UT | $270,448 | $16,927 | $287,375 | 9 |
| Alliant Insurance Services · Irvine, CA | $59,249 | $887 | $60,136 | 3 |
| GBS Nevada Inc · Las Vegas, NV | $23,557 | $13,742 | $37,299 | 1 |
| GBS Benefits Ins Agency · South Salt Lake, UT | $23,299 | $1,684 | $24,983 | 2 |
| Benefit Communications Inc · Nashville, TN | $22,144 | $2,548 | $24,692 | 2 |
| Leavitt Group · Cedar City, UT | $0 | $98 | $98 | 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 |
|---|---|---|---|---|
| Eyemed Vision Carevision | 2,605 | — | $15,509 | — |
| Hawaii Medical Service Associationhealth | 85 | — | — | — |
| Health Plan of Nevadahealth, dental, prescription drug | 132 | — | $37,299 | — |
| Unum Insurance Companyshort-term disability | 742 | — | $31,004 | — |
| Unum Insurance Companycoverage not coded | 647 | — | $21,888 | — |
| Unum Insurance Companycoverage not coded | 710 | — | $22,742 | — |
| Unum Life Insurance Company of Americalife | 2,128 | — | $15,370 | — |
| Unum Life Insurance Company of Americashort-term disability, long-term disability | 848 | — | $62,848 | — |
| Unum Life Insurance Company of Americalife | 752 | — | $43,899 | — |
| Principal Life Insurance Companylife, long-term disability | 12 | — | $3,193 | — |
| Cigna Health and Life Insurance Companydental, HMO, indemnity | 623 | — | $5,954 | — |
| Kaiser Foundation Health Plan Inchealth | 384 | — | $98,580 | — |
| Kaiser Foundation Health Plan Inchealth | 202 | — | $52,957 | — |
| Kaiser Foundation Health Plan Inchealth | 86 | — | $23,340 | — |
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 Helix Electric, 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
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 3,354 | 2,025 | −39.6% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $448,702 | $434,583 | −3.1% |
| 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 |
|---|---|---|---|---|
| Helix Electric Health and Welfare Plan#504 · insurance | December 31, 2024 | October 13, 2025 | within extension | 2,025 |
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 Helix Electric, Inc. pay in health insurance broker commissions in 2024?
Helix Electric, Inc.'s 2024 Form 5500 reports $434,583 in broker commissions and fees across 14 insurance contracts ($398,697 in commissions, $35,886 in fees), with GBS Benefits, Inc. receiving the largest share.
Is Helix Electric, 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 Hawaii Medical Service Association, Health Plan of Nevada, Kaiser Foundation Health Plan Inc.
How does Helix Electric, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Helix Electric, 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.