McKesson Corporation - Delaware
Updated Filing received by DOL
McKesson Corporation - Delaware, a wholesale trade employer in Irving, Texas, reported 29,193 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $4.0M in insurance premiums across 15 contracts and $86,538 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 31, 2025, before the deadline.
Who was paid on McKesson Corporation - Delaware's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract McKesson Corporation - Delaware filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Lockton · Dallas, TX | $0 | $56,538 | $56,538 | 2 |
| Aon · Lincolnshire, IL | $30,000 | $0 | $30,000 | 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 |
|---|---|---|---|---|
| Securian Life Insurance Companylife | 27,193 | $3.9M | $12,069 | 0.3% |
| Aetna Life Insurance Companyhealth | 3 | $79,603 | — | — |
| Kaiser Foundation Health Plan of the Mid-Atlantic States, Inc.health, HMO | 12 | — | — | — |
| Kaiser Foundation Health Plan Inc.health, HMO | 184 | — | — | — |
| Life Insurance Company of North Americalong-term disability | 17,405 | — | $56,538 | — |
| Hawaii Medical Service Associationhealth, HMO | 32 | — | — | — |
| Vision Service Planvision | 20,147 | — | — | — |
| Kaiser Foundation Health Plan of Coloradohealth, HMO | 54 | — | — | — |
| Cigna Health and Life Insurance Company and Affiliatesdental, HMO, indemnity | 3,252 | — | — | — |
| Securian Life Insurance Companylife | 24,348 | — | $17,931 | — |
| Health and Human Resource Centercoverage not coded | 1,482 | — | — | — |
| Kaiser Foundation Health Plan, Inc.health, HMO | 199 | — | — | — |
| Kaiser Foundation Health Plan of Georgia, Inc.health, HMO | 62 | — | — | — |
| Kaiser Foundation Health Plan of the Northwesthealth, HMO | 21 | — | — | — |
| Kaiser Foundation Health Plan, Inc.health, HMO | 9 | — | — | — |
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 McKesson Corporation - Delaware 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.
Premium per covered person on medical contracts: $26,534 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 | 28,660 | 29,193 | +1.9% |
| Premiums filed | $2,094,563 | $3,989,354 | +90.5% |
| Broker commissions + fees | $323,906 | $86,538 | −73.3% |
| 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 |
|---|---|---|---|---|
| McKesson Corporation Health and Welfare Wrap Plan#530 · insurance, general assets | March 31, 2025 | October 31, 2025 | before deadline | 29,193 |
| McKesson Corporation Retiree Health Reimbursement Arrangement#525 · general assets | March 31, 2025 | October 31, 2025 | before deadline | 575 |
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 McKesson Corporation - Delaware pay in health insurance broker commissions in 2024?
McKesson Corporation - Delaware's 2024 Form 5500 reports $86,538 in broker commissions and fees across 15 insurance contracts ($30,000 in commissions, $56,538 in fees), with Lockton receiving the largest share.
Is McKesson Corporation - Delaware'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 Aetna Life Insurance Company, Kaiser Foundation Health Plan of the Mid-Atlantic States, Inc., Kaiser Foundation Health Plan Inc..
How does McKesson Corporation - Delaware's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for McKesson Corporation - Delaware because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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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.