Lightmatter Inc
Updated Filing received by DOL
Lightmatter Inc, a professional & technical services employer in Mountain View, California, reported 200 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $1.9M in insurance premiums across 2 contracts and $136,525 in broker commissions and fees, 3.8% 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 2, 2026, before the deadline.
Who was paid on Lightmatter 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 Lightmatter Inc filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| OneDigital · Atlanta, GA | $34,923 | $81,556 | $116,479 | 2 |
| Centro Benefits Research LLC · Beachwood, OH | $16,037 | $4,009 | $20,046 | 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 |
|---|---|---|---|---|
| Cigan Health and Life Insurance Companyhealth, dental, vision | 274 | $1.9M | $72,756 | 3.8% |
| Metropolitan Life Insurance Companydental, vision, life, short-term disability, long-term disability | 597 | — | $63,769 | — |
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 Lightmatter 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.
Premium per covered person on medical contracts: $7,071 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 | 137 | 200 | +46.0% |
| Premiums filed | $3,908,844 | $1,937,419 | −50.4% |
| Broker commissions + fees | $102,058 | $136,525 | +33.8% |
| Commission rate | 1.9% | 3.8% | +1.9 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 |
|---|---|---|---|---|
| Lightmatter, Inc. Welfare Benefits Plan#501 · insurance, general assets | December 31, 2025 | July 2, 2026 | before deadline | 200 |
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 Lightmatter Inc pay in health insurance broker commissions in 2025?
Lightmatter Inc's 2025 Form 5500 reports $136,525 in broker commissions and fees across 2 insurance contracts ($50,960 in commissions, $85,565 in fees), with OneDigital receiving the largest share.
Is Lightmatter 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 Cigan Health and Life Insurance Company.
How does Lightmatter Inc's broker compensation compare with similar employers?
Lightmatter Inc paid 3.8% of medical premium in commissions and fees. The median for employers with 200-499 participants is 3.6%, and the median in California is 4.0%. 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.