Morgan Stanley Domestic Holdings, LLC
Updated Filing received by DOL
Morgan Stanley Domestic Holdings, LLC, a finance & insurance employer in New York, New York, reported 51,947 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows 18 insurance contracts with no premium reported and $1.8M 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 10, 2025, within the extension window.
Who was paid on Morgan Stanley Domestic Holdings, 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 Morgan Stanley Domestic Holdings, LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Aon · Chicago, IL | $511,539 | $626,632 | $1,138,171 | 2 |
| American Benefits and Compensation · New York, NY | $0 | $401,283 | $401,283 | 1 |
| CFN Agency Inc · Duluth, GA | $274,947 | $0 | $274,947 | 2 |
| Davis, Philip, Townsend · Brookfield, CT | $6,249 | $593 | $6,842 | 2 |
| Craig G. Davis · Lakeville, CT | $676 | $0 | $676 | 1 |
| Corporate Compensation Plans of CT · New Fairfield, CT | $323 | $0 | $323 | 1 |
| NFP · Warrington, PA | $317 | $0 | $317 | 1 |
| Davis, Craig G · Lakeville, CT | $289 | $0 | $289 | 1 |
| Acrisure · Sherwood, OR | $14 | $7 | $21 | 1 |
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 |
|---|---|---|---|---|
| Metropolitan Life Insurance Companycoverage not coded | 1,021 | — | $16,744 | — |
| Prudential Insurance Company of Americacoverage not coded | 842 | — | $258,203 | — |
| Vision Service Planvision | 32,484 | — | — | — |
| Metlife Legal Planscoverage not coded | 12,594 | — | — | — |
| Life Insurance Company of North Americacoverage not coded | 49,517 | — | — | — |
| Metropolitan Life Insurance Companylife, short-term disability, long-term disability | 73,493 | — | $772,180 | — |
| Metropolitan Life Insurance Companydental | 1,966 | — | — | — |
| The Paul Revere Life Insurance Companylong-term disability | 10 | — | $317 | — |
| The Paul Revere Life Insurance Companylong-term disability | 28 | — | $1,233 | — |
| The Paul Revere Life Insurance Companylong-term disability | 172 | — | $6,918 | — |
| Metropolitan Life Insurance Companylife | 4,030 | — | $767,274 | — |
| Provident Life and Accident Insurance Companylong-term disability · amount flagged as implausible, excluded | 1,769 | — | — | — |
| Metropolitan Life Insurance Companyshort-term disability | 18,169 | — | — | — |
| Cigna Health and Life Insurance Companyhealth, dental, prescription drug | 104 | — | — | — |
| Kaiser Foundation Health Plan, Inc.health, prescription drug, HMO | 883 | — | — | — |
| Kaiser Foundation Health Plan, Inc.health, prescription drug, HMO | 566 | — | — | — |
| Kaiser Foundation Health Plan, Inc.health, prescription drug, HMO | 20 | — | — | — |
| Hawaii Medical Service Associationhealth, prescription drug, PPO | 216 | — | — | — |
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 Morgan Stanley Domestic Holdings, 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.
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 | 52,982 | 51,947 | −2.0% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $2,008,100 | $1,822,869 | −9.2% |
| 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 |
|---|---|---|---|---|
| Morgan Stanley Health Benefits and Insurance Plan#501 · insurance | December 31, 2024 | October 10, 2025 | within extension | 51,947 |
| Morgan Stanley Medical Plan#507 · insurance, general assets | December 31, 2024 | October 10, 2025 | within extension | 44,426 |
| Morgan Stanley Retiree Reimbursement Account Plan#522 · general assets | December 31, 2024 | October 10, 2025 | within extension | 644 |
| Morgan Stanley Retiree Medical Plan#521 · general assets | December 31, 2024 | October 10, 2025 | within extension | 625 |
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 Morgan Stanley Domestic Holdings, LLC pay in health insurance broker commissions in 2024?
Morgan Stanley Domestic Holdings, LLC's 2024 Form 5500 reports $1,822,869 in broker commissions and fees across 18 insurance contracts ($794,354 in commissions, $1,028,515 in fees), with Aon receiving the largest share.
Is Morgan Stanley Domestic Holdings, 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 Cigna Health and Life Insurance Company, Kaiser Foundation Health Plan, Inc., Hawaii Medical Service Association.
How does Morgan Stanley Domestic Holdings, LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Morgan Stanley Domestic Holdings, LLC 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.