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

Indus Technology, Inc.

Professional & technical services · San Diego, California · EIN ending 0641

Updated Filing received by DOL

Indus Technology, Inc., a professional & technical services employer in San Diego, California, reported 492 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 14 insurance contracts with no premium reported and $309,916 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 28, 2025, before the deadline.

Participants
492
+43.9% vs 2023
Premiums filed
none
premium not reported on 4 medical contracts
Broker commissions + fees
$309,916
+27.0% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Indus Technology, 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 Indus Technology, Inc. filed for 2024.

Broker or agentCommissionsFeesTotalContracts
Bolton & Company · Pasadena, CA$245,356$0$245,3566
IMA Financial · Pasadena, CA$41,879$14,641$56,5208
Fmlasource Inc. · Chicago, IL$0$6,944$6,9441
Allstate Benefits · Jacksonville, FL$1,096$0$1,0961

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
Delta Dental of Californiadental, PPO500—$25,339—
Delta Dental of Californiadental, HMO200—$3,932—
Vision Service Planvision322—$2,400—
Hawaii Medical Service Associationhealth, prescription drug, HMO, PPO65—$28,826—
Kaiser Foundation Health Plan, Inc.health, prescription drug, HMO10—$3,644—
Unitedhealthcare Insurance Companyhealth, prescription drug, HMO, PPO336—$183,551—
U.S. Legal Services of Wisconsin, Inc.coverage not coded76—$4,175—
Unitedhealthcare Insurance Companyhealth, dental, vision, prescription drug, PPO3—$629—
United of Omaha Life Insurance Companylife151—$13,852—
United of Omaha Life Insurance Companylong-term disability508—$21,866—
United of Omaha Life Insurance Companylife508—$6,269—
United of Omaha Life Insurance Companycoverage not coded48—$5,322—
United of Omaha Life Insurance Companycoverage not coded78—$2,700—
United of Omaha Life Insurance Companyshort-term disability508—$7,411—

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 Indus Technology, 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
Indus Technology, Inc.
$309,916
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

$243,989$309,916Broker pay20232024
Indus Technology, Inc.: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants342492+43.9%
Premiums filed$0$0not comparable
Broker commissions + fees$243,989$309,916+27.0%
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
Indus Technology, Inc. Health & Welfare Benefits Plan#504 · insurance, general assetsDecember 31, 2024July 28, 2025before deadline492

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 Indus Technology, Inc. pay in health insurance broker commissions in 2024?

Indus Technology, Inc.'s 2024 Form 5500 reports $309,916 in broker commissions and fees across 14 insurance contracts ($288,331 in commissions, $21,585 in fees), with Bolton & Company receiving the largest share.

Is Indus Technology, 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 Hawaii Medical Service Association, Kaiser Foundation Health Plan, Inc., Unitedhealthcare Insurance Company.

How does Indus Technology, Inc.'s broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Indus Technology, 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.

Get the full write-up

Send the full findings to your inbox.

A specialist writes up every finding for Indus Technology, Inc. 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.