La Montanita Co-Op
Updated Filing received by DOL
La Montanita Co-Op, a retail — stores, food, auto, clothing employer in Albuquerque, New Mexico, reported 179 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 5 insurance contracts with no premium reported and $32,553 in broker commissions and fees. The plan is self-funded (the employer pays claims itself, with stop-loss coverage from Fidelity Security Life Insurance Company). The Department of Labor received the filing on July 27, 2026, before the deadline.
Who was paid on La Montanita Co-Op's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract La Montanita Co-Op filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| CRC Benefits · Phoenix, AZ | $19,995 | $0 | $19,995 | 1 |
| Sage Benefit Consultants · Alburquerque, NM | $9,186 | $0 | $9,186 | 3 |
| Benefitsource Inc · Albuquerque, NM | $1,715 | $0 | $1,715 | 1 |
| Monica Martinez · Albuquerque, NM | $1,008 | $0 | $1,008 | 1 |
| Burt Shelley · Albuquerque, NM | $335 | $0 | $335 | 1 |
| Shelley Burt · Albuquerque, NM | $314 | $0 | $314 | 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 |
|---|---|---|---|---|
| Companion Life Insurance Company Dental Plandental | 145 | — | $2,543 | — |
| Fidelity Security Life Insurance Companystop-loss | 147 | — | $19,995 | — |
| Companion Life Insurance Companylife | 179 | — | $5,145 | — |
| Hartford Life and Accidentshort-term disability, long-term disability | 44 | — | $3,527 | — |
| Kansas City Life Insurance Companyvision | 128 | — | $1,343 | — |
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 La Montanita Co-Op 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 | 178 | 179 | +0.6% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $29,496 | $32,553 | +10.4% |
| 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 |
|---|---|---|---|---|
| La Montanita Co-Op Employee Benefits Plan#501 · insurance, general assets | December 31, 2025 | July 27, 2026 | before deadline | 179 |
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 La Montanita Co-Op pay in health insurance broker commissions in 2025?
La Montanita Co-Op's 2025 Form 5500 reports $32,553 in broker commissions and fees across 5 insurance contracts ($32,553 in commissions, $0 in fees), with CRC Benefits receiving the largest share.
Is La Montanita Co-Op's health plan self-funded or fully insured?
The 2025 filing indicates the plan is self-funded (the employer pays claims itself, with stop-loss coverage from Fidelity Security Life Insurance Company).
How does La Montanita Co-Op's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for La Montanita Co-Op because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 100-199 participants that disclosed broker pay reported a median of $53,852.
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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.