Macerich Management Company
Updated Filing received by DOL
Macerich Management Company, a real estate & rental employer in Santa Monica, California, reported 597 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $66,693 in insurance premiums across 9 contracts and $238,571 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on August 21, 2025, within the extension window.
Who was paid on Macerich Management Company's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Macerich Management Company filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Custom Benefit Programs Inc. · Chicago, IL | $95,409 | $0 | $95,409 | 2 |
| Joe Fernandez · Chicago, IL | $74,518 | $0 | $74,518 | 1 |
| TBX Employee Benefits LLC · Plano, TX | $60,094 | $0 | $60,094 | 2 |
| Aon · Los Angeles, CA | $2,467 | $6,083 | $8,550 | 4 |
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 |
|---|---|---|---|---|
| Vision Service Planvision | 507 | $66,693 | — | — |
| Combined Insurance Company of Americacoverage not coded | 591 | — | $185,992 | — |
| Delta Dental of Californiadental | 155 | — | — | — |
| Unum Life Insurance Company of Americashort-term disability | 167 | — | $796 | — |
| Anthem Blue Cross Life and Health Insurance Companyhealth, HMO, PPO, indemnity | 1,304 | — | $4,281 | — |
| Unum Life Insurance Company of Americalife, long-term disability | 625 | — | $3,473 | — |
| Curalinc, LLC, D.B.A. Curalinc Healthcarecoverage not coded | 650 | — | — | — |
| Combined Insurance Companycoverage not coded | 93 | — | $44,029 | — |
| Delta Dental of Californiadental | 1,159 | — | — | — |
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 Macerich Management Company 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 | 647 | 597 | −7.7% |
| Premiums filed | $0 | $66,693 | not comparable |
| Broker commissions + fees | $51,951 | $238,571 | +359.2% |
| 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 |
|---|---|---|---|---|
| Macerich Management Company Health and Welfare Benefits Plan#515 · insurance, general assets | December 31, 2024 | August 21, 2025 | within extension | 597 |
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 Macerich Management Company pay in health insurance broker commissions in 2024?
Macerich Management Company's 2024 Form 5500 reports $238,571 in broker commissions and fees across 9 insurance contracts ($232,488 in commissions, $6,083 in fees), with Custom Benefit Programs Inc. receiving the largest share.
Is Macerich Management Company'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 Anthem Blue Cross Life and Health Insurance Company.
How does Macerich Management Company's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Macerich Management Company because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 500-999 participants that disclosed broker pay reported a median of $104,902.
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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.