BenefitsLedger
Employer health plan record · Plan year 2024 · Form 5500

Meteor Sealing System, LLC

Updated Filing received by DOL

Meteor Sealing System, LLC, a manufacturing — chemical, wood, plastics employer in Dover, Ohio, reported 566 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 2 insurance contracts with no premium reported and $16,180 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on May 8, 2025, before the deadline.

Participants
566
+100.7% vs 2023
Premiums filed
none
self-funded or not filed
Broker commissions + fees
$16,180
−4.3% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Meteor Sealing System, LLC's plan

Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Meteor Sealing System, LLC filed for 2024.

Broker or agentCommissionsFeesTotalContracts
The James B Oswald Company · Columbus, OH$16,180$0$16,1801

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 · coverageCoveredPremiumBroker payRate
American United Life Insurance Companylife, long-term disability413—$16,180—
THP Insurance Companyhealth, dental, stop-loss466———

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 Meteor Sealing System, LLC 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.

Broker commissions + fees, dollars
Meteor Sealing System, LLC
$16,180
Commission rate, % of medical premium

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

$16,901$16,180Broker pay20232024
Meteor Sealing System, LLC: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants282566+100.7%
Premiums filed$0$0—
Broker commissions + fees$16,901$16,180−4.3%
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.

PlanPlan year endReceived by DOLTimingParticipants
Meteor Sealing System, LLC Welfare Benefit Plan#501 · insurance, general assetsDecember 31, 2024May 8, 2025before deadline566

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 Meteor Sealing System, LLC pay in health insurance broker commissions in 2024?

Meteor Sealing System, LLC's 2024 Form 5500 reports $16,180 in broker commissions and fees across 2 insurance contracts ($16,180 in commissions, $0 in fees), with The James B Oswald Company receiving the largest share.

Is Meteor Sealing System, LLC'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 THP Insurance Company.

How does Meteor Sealing System, LLC's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Meteor Sealing System, LLC 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.