Laboratory Corporation of America Holdings
Updated Filing received by DOL
Laboratory Corporation of America Holdings, a healthcare & social assistance employer in Burlington, North Carolina, reported 52,978 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows 11 insurance contracts with no premium reported and $976,829 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 15, 2025, within the extension window.
Who was paid on Laboratory Corporation of America Holdings's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Laboratory Corporation of America Holdings filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Willis Towers Watson · New York, NY | $843,027 | $113,514 | $956,541 | 8 |
| Aon · New York, NY | $20,288 | $0 | $20,288 | 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 |
|---|---|---|---|---|
| Ameritas Life Insurance Corp.dental, vision | 75,273 | — | $20,000 | — |
| Kaiser Foundation Health Plan Inchealth, HMO | 349 | — | $54,894 | — |
| Kaiser Foundation Health Plan Inchealth, HMO | 672 | — | $132,162 | — |
| Metlife Legal Planscoverage not coded | 6,711 | — | $143,051 | — |
| Life Insurance Company of North Americalong-term disability | — | — | $62,500 | — |
| Life Insurance Company of North Americashort-term disability | — | — | $4,062 | — |
| Prudential Insurance Company of Americalife | 53,221 | — | $539,872 | — |
| Reliastar Life Insurance Companyshort-term disability · amount flagged as implausible, excluded | 85,909 | — | — | — |
| Cigna Helath and Life Insurance Companydental, HMO, indemnity | 9,549 | — | — | — |
| Hawaii Medical Service Associationhealth | 11 | — | — | — |
| Ace American Insurance Companycoverage not coded | — | — | $20,288 | — |
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 Laboratory Corporation of America Holdings 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
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 55,470 | 52,978 | −4.5% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $875,915 | $976,829 | +11.5% |
| 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.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Laboratory Corporation of America Holdings Group Benefits Plan#510 · insurance, general assets | December 31, 2024 | October 15, 2025 | within extension | 52,978 |
| Laboratory Corporation of America Holdings Medical and Life Insurance Plan for Retirees#516 · general assets | December 31, 2024 | October 15, 2025 | within extension | 1,047 |
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 Laboratory Corporation of America Holdings pay in health insurance broker commissions in 2024?
Laboratory Corporation of America Holdings's 2024 Form 5500 reports $976,829 in broker commissions and fees across 11 insurance contracts ($863,315 in commissions, $113,514 in fees), with Willis Towers Watson receiving the largest share.
Is Laboratory Corporation of America Holdings'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 Kaiser Foundation Health Plan Inc, Hawaii Medical Service Association.
How does Laboratory Corporation of America Holdings's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Laboratory Corporation of America Holdings 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.