Kopin Corporation
Updated Filing received by DOL
Kopin Corporation, a manufacturing — metal, equipment, transportation employer in Westborough, Massachusetts, reported 141 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $1.4M in insurance premiums across 5 contracts and $93,930 in broker commissions and fees, 5.6% 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 February 2, 2026, within the extension window.
Who was paid on Kopin Corporation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Kopin Corporation filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Hilb Group of New England · Cranston, RI | $71,495 | $17,764 | $89,259 | 5 |
| Indigo Insurance Services · Boston, MA | $0 | $4,516 | $4,516 | 1 |
| Donna G Molet · Leominster, MA | $54 | $0 | $54 | 1 |
| Stephen Quitadamo · Auburn, MA | $37 | $0 | $37 | 1 |
| Wendy S Friree Taft · Northborough, MA | $29 | $0 | $29 | 1 |
| Richard Haskins · Millbury, MA | $25 | $0 | $25 | 1 |
| Edward H Spater · East Brookfield, MA | $5 | $0 | $5 | 1 |
| Lisa M Ambruson · Warren, MA | $5 | $0 | $5 | 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 |
|---|---|---|---|---|
| Blue Cross Blue Shield of Massachusetts, Inc.health | 172 | $1.3M | $71,584 | 5.6% |
| Blue Cross Blue Shield of Massachusetts, Inc.dental | 205 | $126,253 | $5,328 | 4.2% |
| Equitable Financial Life Insurance Company of Americalife, short-term disability, long-term disability | 151 | — | $15,542 | — |
| Eyemed Vision Carevision | 163 | — | $1,230 | — |
| Colonial Life & Accident Insurance Companycoverage not coded | 11 | — | $246 | — |
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 Kopin Corporation 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: $7,437 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
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 110 | 141 | +28.2% |
| Premiums filed | $0 | $1,405,380 | — |
| Broker commissions + fees | $62,297 | $93,930 | +50.8% |
| Commission rate | — | 5.6% | — |
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 |
|---|---|---|---|---|
| Kopin Corporation Employee Benefits Plan#502 · insurance, general assets | June 30, 2025 | February 2, 2026 | within extension | 141 |
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 Kopin Corporation pay in health insurance broker commissions in 2024?
Kopin Corporation's 2024 Form 5500 reports $93,930 in broker commissions and fees across 5 insurance contracts ($71,650 in commissions, $22,280 in fees), with Hilb Group of New England receiving the largest share.
Is Kopin Corporation'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 Blue Cross Blue Shield of Massachusetts, Inc..
How does Kopin Corporation's broker compensation compare with similar employers?
Kopin Corporation paid 5.6% of medical premium in commissions and fees. The median for employers with 100-199 participants is 4.2%, and the median in Massachusetts is 2.5%. Percentages are computed only on fully insured medical contracts with filed premiums.
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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.