Mediko, Inc.
Updated Filing received by DOL
Mediko, Inc., a professional & technical services employer in Richmond, Virginia, reported 201 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $139,700 in insurance premiums across 7 contracts and $128,110 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on January 15, 2026, before the deadline.
Who was paid on Mediko, 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 Mediko, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| James a Scott & Son Inc · Lynchburg, VA | $44,421 | $66,486 | $110,907 | 7 |
| Accretive Enrollment Services LLC · San Antonio, TX | $12,933 | $360 | $13,293 | 6 |
| AssuredPartners · San Antonio, TX | $3,484 | $64 | $3,548 | 3 |
| C2 Centric LLC · Grand Rapids, MI | $0 | $362 | $362 | 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 |
|---|---|---|---|---|
| Standard Insurance Companylong-term disability | 283 | $111,403 | $15,541 | 14.0% |
| Standard Insurance Companylife | 283 | $28,297 | $4,002 | 14.1% |
| Cigna Health and Life Insurance Company and Affiliatesdental, vision | 200 | — | $14,295 | — |
| Mediko Inc., PCcoverage not coded | 135 | — | $6,755 | — |
| Metropolitan Life Insurance Companycoverage not coded | 145 | — | $9,609 | — |
| Metropolitan Life Insurance Companyindemnity | 205 | — | $11,703 | — |
| Cigna Health and Life Insurance Companyhealth | 266 | — | $66,205 | — |
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 Mediko, 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.
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 | 282 | 201 | −28.7% |
| Premiums filed | $212,297 | $139,700 | not comparable |
| Broker commissions + fees | $155,059 | $128,110 | −17.4% |
| 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 |
|---|---|---|---|---|
| Mediko, Inc. Employee Benefits Plan#501 · insurance, general assets | June 30, 2025 | January 15, 2026 | before deadline | 201 |
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 Mediko, Inc. pay in health insurance broker commissions in 2024?
Mediko, Inc.'s 2024 Form 5500 reports $128,110 in broker commissions and fees across 7 insurance contracts ($60,838 in commissions, $67,272 in fees), with James a Scott & Son Inc receiving the largest share.
Is Mediko, 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 Mediko, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Mediko, Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 200-499 participants that disclosed broker pay reported a median of $77,013.
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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.