Millennium Concepts, Inc.
Updated Filing received by DOL
Millennium Concepts, Inc., a manufacturing — metal, equipment, transportation employer in Wichita, Kansas, reported 101 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $579,373 in insurance premiums across 10 contracts and $35,081 in broker commissions and fees, 4.3% 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 the filing on December 1, 2025, before the deadline.
Who was paid on Millennium Concepts, 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 Millennium Concepts, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| HUB International · Tulsa, OK | $32,957 | $2,124 | $35,081 | 12 |
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 |
|---|---|---|---|---|
| Blue Cross and Blue Shield of Kansashealth, dental, prescription drug | 160 | $579,373 | $24,647 | 4.3% |
| Reliance Standard Life Insurance Companycoverage not coded | 28 | — | $389 | — |
| Surency Life and Healthvision | 13 | — | $192 | — |
| Unum Life Insurance Company of Americashort-term disability, long-term disability | 5 | — | $2,076 | — |
| Unum Life Insurance Company of Americalife | 99 | — | $674 | — |
| Reliance Standard Life Insurance Companyindemnity | 25 | — | $879 | — |
| Unum Life Insurance Company of Americalife | 38 | — | $3,741 | — |
| Unum Life Insurance Company of Americalong-term disability | 5 | — | $732 | — |
| Reliance Standard Life Insurance Companycoverage not coded | 21 | — | $614 | — |
| Surency Life and Healthvision | 60 | — | $1,137 | — |
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 Millennium Concepts, 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.
Premium per covered person on medical contracts: $3,621 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 | 105 | 101 | −3.8% |
| Premiums filed | $0 | $579,373 | — |
| Broker commissions + fees | $34,249 | $35,081 | +2.4% |
| Commission rate | — | 4.3% | — |
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 |
|---|---|---|---|---|
| Millennium Concepts, Inc. Employee Benefits Plan#501 · insurance, general assets | May 31, 2025 | December 1, 2025 | before deadline | 101 |
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 Millennium Concepts, Inc. pay in health insurance broker commissions in 2024?
Millennium Concepts, Inc.'s 2024 Form 5500 reports $35,081 in broker commissions and fees across 10 insurance contracts ($32,957 in commissions, $2,124 in fees), with HUB International receiving the largest share.
Is Millennium Concepts, 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 Blue Cross and Blue Shield of Kansas.
How does Millennium Concepts, Inc.'s broker compensation compare with similar employers?
Millennium Concepts, Inc. paid 4.3% of medical premium in commissions and fees. The median for employers with 100-199 participants is 4.2%, and the median in Kansas is 2.8%. Percentages are computed only on fully insured medical contracts with filed premiums.
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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.