Horne LLP
Updated Filing received by DOL
Horne LLP, a professional & technical services employer in Ridgeland, Mississippi, reported 1,451 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $903,439 in insurance premiums across 10 contracts and $342,606 in broker commissions and fees, 5.0% 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 September 22, 2026, within the extension window.
Who was paid on Horne LLP's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Horne LLP filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Kapnick & Co Inc · Adrian, MI | $90,307 | $556 | $90,863 | 4 |
| Ross & Yerger Insurance Inc · Jackson, MS | $76,109 | $10,531 | $86,640 | 4 |
| HWS Client Services LLC · Ridgeland, MS | $60,204 | $0 | $60,204 | 4 |
| Ileana Gomez Milian · Chicago, IL | $41,113 | $0 | $41,113 | 1 |
| James R Nelligan & Associates LLC · Wall Township, NJ | $0 | $34,373 | $34,373 | 4 |
| Bene Re LLC · Toledo, OH | $0 | $13,040 | $13,040 | 1 |
| HUB International · Metarie, LA | $8,158 | $0 | $8,158 | 1 |
| Ikon Insurance, Inc. · San Juan, PR | $6,375 | $0 | $6,375 | 2 |
| CGF Insurance, LLC · Guaynabo, PR | $0 | $721 | $721 | 1 |
| Edwin Derek Pearce · Bossier City, LA | $571 | $0 | $571 | 1 |
| Ramona S Pearce · Brandon, MS | $548 | $0 | $548 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "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 |
|---|---|---|---|---|
| MCS Life Insurance Companyhealth, dental, life, PPO | 122 | $903,439 | $45,441 | 5.0% |
| The Lincoln National Life Insurance Companylife | 1,216 | — | $47,888 | — |
| The Lincoln National Life Insurance Companylong-term disability | 1,216 | — | $44,087 | — |
| The Lincoln National Life Insurance Companycoverage not coded | 1,046 | — | $25,210 | — |
| Sun Life Assurance Company of Canadadental | 845 | — | $54,755 | — |
| The Lincoln National Life Insurance Companyshort-term disability | 439 | — | $68,255 | — |
| Metlife Insurance Companycoverage not coded | 339 | — | $13,850 | — |
| Delta Dental of Puerto Rico, Inc.dental | 118 | — | $2,768 | — |
| Starmount Life Insurance Companyvision | 778 | — | $11,011 | — |
| Reliastar Life Insurance Companycoverage not coded | 1,325 | — | $29,341 | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Horne LLP 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.
Premium per covered person on medical contracts: $7,405 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
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 1,739 | 1,451 | −16.6% |
| Premiums filed | $0 | $903,439 | — |
| Broker commissions + fees | $419,808 | $342,606 | −18.4% |
| Commission rate | — | 5.0% | — |
Source: DOL Form 5500 filings for plan years 2024 and 2025.
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 |
|---|---|---|---|---|
| Horne LLP Cafeteria Compensation Plan#505 · insurance, general assets | December 31, 2025 | September 22, 2026 | within extension | 1,451 |
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 Horne LLP pay in health insurance broker commissions in 2025?
Horne LLP's 2025 Form 5500 reports $342,606 in broker commissions and fees across 10 insurance contracts ($283,385 in commissions, $59,221 in fees), with Kapnick & Co Inc receiving the largest share.
Is Horne LLP's health plan self-funded or fully insured?
The 2025 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by MCS Life Insurance Company.
How does Horne LLP's broker compensation compare with similar employers?
Horne LLP paid 5.0% of medical premium in commissions and fees. The median for employers with 1,000-4,999 participants is 2.0%, and the median in Mississippi is 3.7%. Percentages are computed only on fully insured medical contracts with filed premiums.
Send the full findings to your inbox.
A specialist writes up every finding for Horne LLP with the methodology and public-source citations, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.
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.