Midflorida Credit Union
Updated Filing received by DOL
Midflorida Credit Union, a finance & insurance employer in Lakeland, Florida, reported 1,020 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 9 insurance contracts with no premium reported and $282,700 in broker commissions and fees. The plan is self-funded (the employer pays claims itself, with stop-loss coverage from Sun Life Assurance Company of Canada). The Department of Labor received the filing on July 2, 2026, before the deadline.
Who was paid on Midflorida Credit Union's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Midflorida Credit Union filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Amwins Self Funded LLC · Scottsdale, AZ | $67,871 | $25,457 | $93,328 | 1 |
| Lance Ackerman · Tampa, FL | $75,784 | $4,025 | $79,809 | 2 |
| Foundation Risk Partners Corp · Destin, FL | $37,021 | $0 | $37,021 | 3 |
| Foundaiton Risk Partners Corp · Lakeland, FL | $18,562 | $0 | $18,562 | 2 |
| Jamie Pittner · Clearwater, FL | $11,257 | $924 | $12,181 | 2 |
| Umr Inc · Wasau, WI | $0 | $7,389 | $7,389 | 1 |
| Jeffrey Nelson · Land O Lakes, FL | $5,088 | $0 | $5,088 | 2 |
| Christopher Lee · Stuart, FL | $4,619 | $37 | $4,656 | 2 |
| Web Benefits Desing · Orlando, FL | $0 | $4,539 | $4,539 | 2 |
| Crystal Ann Reid · Tampa, FL | $4,201 | $274 | $4,475 | 1 |
| Web Benefits Design · Orlando, FL | $0 | $3,939 | $3,939 | 1 |
| Benetek Corporation · Orlando, FL | $1,793 | $589 | $2,382 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "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 |
|---|---|---|---|---|
| Aflaclife, short-term disability, long-term disability | 294 | — | $23,441 | — |
| Aflaclife, short-term disability, long-term disability | 849 | — | $92,099 | — |
| Sun Life Assurance Company of Canadastop-loss | 1,014 | — | $100,717 | — |
| Sun Life Assurance Company of Canadacoverage not coded | 348 | — | $9,421 | — |
| Guardiandental | 1,060 | — | $2,382 | — |
| United of Omaha Life Insurance Companylife, short-term disability | 1,208 | — | $20,079 | — |
| United of Omaha Life Insurance Companylife, short-term disability | 393 | — | $12,869 | — |
| United of Omaha Life Insurance Companylong-term disability | 553 | — | $18,763 | — |
| Vision Service Planvision | 1,021 | — | $2,929 | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Midflorida Credit Union 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
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 914 | 1,020 | +11.6% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $302,255 | $282,700 | −6.5% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2024 and 2025.
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 |
|---|---|---|---|---|
| Mid Florida Credit Union Welfare Benefit Plan#504 · insurance | December 31, 2025 | July 2, 2026 | before deadline | 1,020 |
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 Midflorida Credit Union pay in health insurance broker commissions in 2025?
Midflorida Credit Union's 2025 Form 5500 reports $282,700 in broker commissions and fees across 9 insurance contracts ($235,512 in commissions, $47,188 in fees), with Amwins Self Funded LLC receiving the largest share.
Is Midflorida Credit Union's health plan self-funded or fully insured?
The 2025 filing indicates the plan is self-funded (the employer pays claims itself, with stop-loss coverage from Sun Life Assurance Company of Canada).
How does Midflorida Credit Union's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Midflorida Credit Union because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 1,000-4,999 participants that disclosed broker pay reported a median of $168,579.
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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.