Maine Education Association
Updated Filing received by DOL
Maine Education Association, a finance & insurance employer in Augusta, Maine, reported 39,345 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $563M in insurance premiums across 2 contracts and $4.1M in broker commissions and fees, 0.7% 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 an amended filing on March 18, 2026; the original filing date is not in the public dataset.
Who was paid on Maine Education Association's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Maine Education Association filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Meabt · Augusta, ME | $0 | $3,996,276 | $3,996,276 | 1 |
| Cross Benefit Solutions · Portland, ME | $0 | $124,020 | $124,020 | 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 |
|---|---|---|---|---|
| Anthem Health Plans of Maine, Inc.health, prescription drug, HMO, PPO, indemnity | 28,876 | $563M | $4.1M | 0.7% |
| Anthem Health Plans of Maine, Inc.vision | 28,778 | — | — | — |
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 Maine Education Association 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: $19,501 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
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 39,327 | 39,345 | +0.0% |
| Premiums filed | $530,560,174 | $563,104,417 | +6.1% |
| Broker commissions + fees | $3,869,736 | $4,120,296 | +6.5% |
| Commission rate | 0.7% | 0.7% | +0.0 pts |
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 |
|---|---|---|---|---|
| Maine Education Association Benefits Trust#501 · amended · insurance, trust | June 30, 2025 | March 18, 2026 | amended filing; original date not in data | 39,345 |
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 Maine Education Association pay in health insurance broker commissions in 2024?
Maine Education Association's 2024 Form 5500 reports $4,120,296 in broker commissions and fees across 2 insurance contracts ($0 in commissions, $4,120,296 in fees), with Meabt receiving the largest share.
Is Maine Education Association'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 Health Plans of Maine, Inc..
How does Maine Education Association's broker compensation compare with similar employers?
Maine Education Association paid 0.7% of medical premium in commissions and fees. The median for employers with 5,000+ participants is 4.8%, and the median in Maine is 3.8%. Percentages are computed only on fully insured medical contracts with filed premiums.
Send the full findings to your inbox.
A specialist writes up every finding for Maine Education Association with the methodology and public-source citations, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.
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.