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

Kent Water Sports Holdings, LLC

Updated Filing received by DOL

Kent Water Sports Holdings, LLC, a manufacturing — metal, equipment, transportation employer in Sandy, Utah, reported 373 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 3 insurance contracts with no premium reported and $165,465 in broker commissions and fees. The plan is fully insured (an insurance carrier pays claims). The Department of Labor received the filing on June 3, 2026, within the extension window.

Participants
373
+82.0% vs 2023
Premiums filed
none
premium not reported on 1 medical contract
Broker commissions + fees
$165,465
−6.2% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Kent Water Sports Holdings, LLC's plan

Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Kent Water Sports Holdings, LLC filed for 2024.

Broker or agentCommissionsFeesTotalContracts
OneDigital · Atlanta, GA$126,781$21,934$148,7153
Centro Benefits Research LLC · Atlanta, GA$0$16,750$16,7501

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
Principal Life Insurance Companydental, vision, life, short-term disability, long-term disability529—$67,467—
Cigna Health and Life Insurance Companyhealth, prescription drug306—$95,991—
Metropolitan Life Insurance Companycoverage not coded161—$2,007—

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 Kent Water Sports Holdings, LLC 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
Kent Water Sports Holdings, LLC
$165,465
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

$176,482$165,465Broker pay20232024
Kent Water Sports Holdings, LLC: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants205373+82.0%
Premiums filed$0$0not comparable
Broker commissions + fees$176,482$165,465−6.2%
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
Kent Water Sports Holdings, LLC Health and Welfare Benefit Plan#501 · insuranceAugust 31, 2025June 3, 2026within extension373

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 Kent Water Sports Holdings, LLC pay in health insurance broker commissions in 2024?

Kent Water Sports Holdings, LLC's 2024 Form 5500 reports $165,465 in broker commissions and fees across 3 insurance contracts ($126,781 in commissions, $38,684 in fees), with OneDigital receiving the largest share.

Is Kent Water Sports Holdings, LLC'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 Cigna Health and Life Insurance Company.

How does Kent Water Sports Holdings, LLC's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Kent Water Sports Holdings, LLC 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.