M&C Saatchi Agency Inc.
Updated Filing received by DOL
M&C Saatchi Agency Inc., a professional & technical services employer in New York, New York, reported 150 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $1.7M in insurance premiums across 2 contracts and $93,004 in broker commissions and fees, 4.8% 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 March 5, 2026, within the extension window.
Who was paid on M&C Saatchi Agency 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 M&C Saatchi Agency Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Brown & Brown · Dedham, MA | $10,404 | $74,902 | $85,306 | 4 |
| Marsh McLennan Agency · Conshohocken, PA | $949 | $6,749 | $7,698 | 2 |
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 |
|---|---|---|---|---|
| Cigna Health and Life Insurance Companyhealth | 173 | $1.7M | $81,651 | 4.8% |
| Cigna Health and Life Insurance Company and Affiliatesdental, vision, indemnity | 150 | — | $11,353 | — |
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 M&C Saatchi Agency 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: $9,805 a year (national median $7,274).
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
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 |
|---|---|---|---|---|
| M&C Saatchi Agency Medical, Dental, and Vision Plan#501 · insurance, general assets | May 31, 2025 | March 5, 2026 | within extension | 150 |
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 M&C Saatchi Agency Inc. pay in health insurance broker commissions in 2024?
M&C Saatchi Agency Inc.'s 2024 Form 5500 reports $93,004 in broker commissions and fees across 2 insurance contracts ($11,353 in commissions, $81,651 in fees), with Brown & Brown receiving the largest share.
Is M&C Saatchi Agency Inc.'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 Cigna Health and Life Insurance Company.
How does M&C Saatchi Agency Inc.'s broker compensation compare with similar employers?
M&C Saatchi Agency Inc. paid 4.8% of medical premium in commissions and fees. The median for employers with 100-199 participants is 4.2%, and the median in New York is 3.7%. 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.