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

Omega Accounting Solutions, Inc.

Professional & technical services · Irvine, California · EIN ending 2686

Updated Filing received by DOL

Omega Accounting Solutions, Inc., a professional & technical services employer in Irvine, California, reported 174 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 7 insurance contracts with no premium reported and $26,274 in broker commissions and fees. The plan is fully insured (an insurance carrier pays claims). The Department of Labor received the filing on June 20, 2025, before the deadline.

Participants
174
+41.5% vs 2023
Premiums filed
none
premium not reported on 1 medical contract
Broker commissions + fees
$26,274
−75.8% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Omega Accounting Solutions, 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 Omega Accounting Solutions, Inc. filed for 2024.

Broker or agentCommissionsFeesTotalContracts
EPIC Insurance Brokers · Concord, CA$15,779$4,597$20,3766
Amwins Connect Ins SRV, LLC · Santa Ana, CA$1,354$3,846$5,2003
Edgwood Partners Insurance Center · Boca Raton, FL$698$0$6981

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
United of Omaha Life Insurance Companycoverage not coded11—$698—
Cigna Health and Life Insurance Company and Affiliatesdental, indemnity39—$7,685—
United of Omaha Life Insurance Companycoverage not coded10—$1,418—
Kaiser Foundation Health Plan, Inc.health, prescription drug, HMO13—$6,119—
Principal Life Insurance Companydental, vision, PPO62—$8,290—
United of Omaha Life Insurance Companyshort-term disability39—$1,048—
United of Omaha Life Insurance Companylife14—$1,016—

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 Omega Accounting Solutions, 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.

Broker commissions + fees, dollars
Omega Accounting Solutions, Inc.
$26,274
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

$108,608$26,274Broker pay20232024
Omega Accounting Solutions, Inc.: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants123174+41.5%
Premiums filed$0$0not comparable
Broker commissions + fees$108,608$26,274−75.8%
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
Omega Accounting Solutions, Inc. Welfare Plan#501 · insuranceDecember 31, 2024June 20, 2025before deadline174

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 Omega Accounting Solutions, Inc. pay in health insurance broker commissions in 2024?

Omega Accounting Solutions, Inc.'s 2024 Form 5500 reports $26,274 in broker commissions and fees across 7 insurance contracts ($17,831 in commissions, $8,443 in fees), with EPIC Insurance Brokers receiving the largest share.

Is Omega Accounting Solutions, Inc.'s health plan self-funded or fully insured?

The 2024 filing indicates the plan is fully insured (an insurance carrier pays claims). Medical coverage is written by Kaiser Foundation Health Plan, Inc..

How does Omega Accounting Solutions, Inc.'s broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Omega Accounting Solutions, Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 100-199 participants that disclosed broker pay reported a median of $53,852.

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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.