Keurig DR. Pepper, Inc
Updated Filing received by DOL
Keurig DR. Pepper, Inc, a management of companies employer in Frisco, Texas, reported 22,684 participants in its health and welfare plans for plan year 2025. Its Form 5500 shows 7 insurance contracts with no premium reported and $1.5M in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on August 28, 2026, within the extension window.
Who was paid on Keurig DR. Pepper, 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 Keurig DR. Pepper, Inc filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Lockton · Kansas City, MO | $905,511 | $615,165 | $1,520,676 | 3 |
| Bswift · Chicago, IL | $16,549 | $0 | $16,549 | 1 |
| EPIC Insurance Brokers · Atlanta, GA | $210 | $0 | $210 | 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 |
|---|---|---|---|---|
| Unum Life Insurance Company of Americacoverage not coded | 12 | — | $210 | — |
| Continental American Insurance Companylife, short-term disability, long-term disability | 22,296 | — | $869,845 | — |
| National Union Fire Insurance Company of Pittsburgh, PAcoverage not coded | 23,456 | — | — | — |
| Arag Services, LLCcoverage not coded | 4,838 | — | $49,238 | — |
| Kaiser Foundation Health Plan, Inc.health, prescription drug, HMO | 593 | — | — | — |
| Magellan Healthcarecoverage not coded | 23,456 | — | — | — |
| Unum Insurance Companycoverage not coded | 5,664 | — | $618,142 | — |
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 Keurig DR. Pepper, 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
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 22,002 | 22,684 | +3.1% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $428,368 | $1,537,435 | +258.9% |
| Commission rate | — | — | — |
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 |
|---|---|---|---|---|
| Keurig DR Pepper Inc Welfare Plan#502 · insurance, general assets | December 31, 2025 | August 28, 2026 | within extension | 22,684 |
| DR Pepper Snapple Group, Inc. Retiree Reimbursement Account#511 · general assets | December 31, 2025 | August 28, 2026 | within extension | 137 |
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 Keurig DR. Pepper, Inc pay in health insurance broker commissions in 2025?
Keurig DR. Pepper, Inc's 2025 Form 5500 reports $1,537,435 in broker commissions and fees across 7 insurance contracts ($922,270 in commissions, $615,165 in fees), with Lockton receiving the largest share.
Is Keurig DR. Pepper, Inc'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 Kaiser Foundation Health Plan, Inc..
How does Keurig DR. Pepper, Inc's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Keurig DR. Pepper, Inc because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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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.