Plastics Family Holdings
Updated Filing received by DOL
Plastics Family Holdings, a wholesale trade employer in Irving, Texas, reported 1,122 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $19M in insurance premiums across 12 contracts and $483,911 in broker commissions and fees, 0.6% 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 July 21, 2026, before the deadline.
Who was paid on Plastics Family 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 Plastics Family Holdings filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| The Baldwin Group · Tampa, FL | $270,654 | $81,076 | $351,730 | 10 |
| Blue Cross Blue Shield of TX | $0 | $93,466 | $93,466 | 1 |
| Watchtower Benefits LLC · Chicago, IL | $20,894 | $17,821 | $38,715 | 8 |
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 |
|---|---|---|---|---|
| Blue Cross Blue Shield of Texashealth | 2,574 | $19M | $121,265 | 0.6% |
| United of Omaha Life Insurance Companyshort-term disability | 1,089 | — | $50,534 | — |
| United of Omaha Life Insurance Companycoverage not coded | 371 | — | $25,421 | — |
| Mutual of Omaha Insurance Companycoverage not coded | 369 | — | $11,660 | — |
| Metropolitan Life Insurance Companycoverage not coded | 417 | — | $18,108 | — |
| Qbe Insurancestop-loss | 1,362 | — | $93,466 | — |
| United of Omaha Life Insurance Companycoverage not coded | 284 | — | $22,578 | — |
| United of Omaha Life Insurance Companyvision | 755 | — | $17,526 | — |
| First Stop Health LLCcoverage not coded | 1,127 | — | — | — |
| Metropolitan Life Insurance Companydental | 2,697 | — | $45,679 | — |
| United of Omaha Life Insurance Companylong-term disability | 1,089 | — | $48,770 | — |
| United of Omaha Life Insurance Companylife | 1,089 | — | $28,904 | — |
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 Plastics Family 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.
Premium per covered person on medical contracts: $7,564 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
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 1,118 | 1,122 | +0.4% |
| Premiums filed | $11,829,898 | $19,470,714 | +64.6% |
| Broker commissions + fees | $349,731 | $483,911 | +38.4% |
| Commission rate | 0.6% | 0.6% | +0.0 pts |
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 |
|---|---|---|---|---|
| Plastics Family Holdings Welfare Benefits Plan#501 · insurance, general assets | December 31, 2025 | July 21, 2026 | before deadline | 1,122 |
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 Plastics Family Holdings pay in health insurance broker commissions in 2025?
Plastics Family Holdings's 2025 Form 5500 reports $483,911 in broker commissions and fees across 12 insurance contracts ($291,548 in commissions, $192,363 in fees), with The Baldwin Group receiving the largest share.
Is Plastics Family Holdings'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 Blue Cross Blue Shield of Texas.
How does Plastics Family Holdings's broker compensation compare with similar employers?
Plastics Family Holdings paid 0.6% of medical premium in commissions and fees. The median for employers with 1,000-4,999 participants is 2.0%, and the median in Texas is 5.6%. 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.