Omnitrade Health Trust
Updated Filing received by DOL
Omnitrade Health Trust, a finance & insurance employer in Mukilteo, Washington, reported 4,411 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $28M in insurance premiums across 10 contracts and $4,939 in broker commissions and fees, 0.0% 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 October 15, 2025, within the extension window.
Who was paid on Omnitrade Health Trust's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Omnitrade Health Trust filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Abd Insurance and Financial Service · San Mateo, CA | $0 | $4,939 | $4,939 | 4 |
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 |
|---|---|---|---|---|
| Premera Blue Crosshealth, prescription drug, PPO | 1,502 | $18M | — | — |
| Premera Blue Crossprescription drug, PPO | 1,273 | $11M | — | — |
| Delta Dental of Washingtondental | 3,520 | — | — | — |
| Vision Service Planvision | 2,616 | — | — | — |
| Unum Life Insurance Company of Americalife | 2,970 | — | $3,523 | — |
| Unum Life Insurance Company of Americalife | 103 | — | $621 | — |
| Unum Life Insurance Company of Americashort-term disability | 87 | — | $282 | — |
| Unum Life Insurance Company of Americalong-term disability | 87 | — | $513 | — |
| Moda Healthhealth | 1,982 | — | — | — |
| Oregon Dental Service dba Delta Dental Plan of Alaskadental | 1,079 | — | — | — |
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 Omnitrade Health Trust 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: $11,693 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 | 3,843 | 4,411 | +14.8% |
| Premiums filed | $25,757,780 | $28,353,695 | +10.1% |
| Broker commissions + fees | $636 | $4,939 | +676.6% |
| Commission rate | 0.0% | 0.0% | +0.0 pts |
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 |
|---|---|---|---|---|
| Omnitrade Health Trust Arrangement#501 · insurance, trust | December 31, 2024 | October 15, 2025 | within extension | 4,411 |
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 Omnitrade Health Trust pay in health insurance broker commissions in 2024?
Omnitrade Health Trust's 2024 Form 5500 reports $4,939 in broker commissions and fees across 10 insurance contracts ($0 in commissions, $4,939 in fees), with Abd Insurance and Financial Service receiving the largest share.
Is Omnitrade Health Trust'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 Premera Blue Cross, Moda Health.
How does Omnitrade Health Trust's broker compensation compare with similar employers?
Omnitrade Health Trust paid 0.0% of medical premium in commissions and fees. The median for employers with 1,000-4,999 participants is 2.0%, and the median in Washington is 1.3%. 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.