Peloton Group LLC
Updated Filing received by DOL
Peloton Group LLC, an administrative & support services employer in Boston, Massachusetts, reported 320 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $4.7M in insurance premiums across 3 contracts and $148,278 in broker commissions and fees, 2.8% 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 February 24, 2026, before the deadline.
Who was paid on Peloton Group 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 Peloton Group LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Gallagher · Rolling Meadows, IL | $123,679 | $24,532 | $148,211 | 3 |
| Img · Indianapolis, IN | $0 | $67 | $67 | 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 |
|---|---|---|---|---|
| Blue Cross Blue Shield of Massachusetts, Inc.health, dental, prescription drug | 619 | $4.7M | $128,175 | 2.8% |
| Prudential Insurance Company of Americalife, short-term disability, long-term disability | 319 | — | $16,820 | — |
| Eyemed Vision Care on Behalf of the Fidelity Security Life Ins. Co.vision | 453 | — | $3,283 | — |
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 Peloton Group 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.
Premium per covered person on medical contracts: $7,526 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 | 318 | 320 | +0.6% |
| Premiums filed | $4,490,365 | $4,658,488 | +3.7% |
| Broker commissions + fees | $129,467 | $148,278 | +14.5% |
| Commission rate | 2.5% | 2.8% | +0.3 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 |
|---|---|---|---|---|
| Peloton Group LLC Health and Welfare Plan#501 · insurance, general assets | August 31, 2025 | February 24, 2026 | before deadline | 320 |
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 Peloton Group LLC pay in health insurance broker commissions in 2024?
Peloton Group LLC's 2024 Form 5500 reports $148,278 in broker commissions and fees across 3 insurance contracts ($123,679 in commissions, $24,599 in fees), with Gallagher receiving the largest share.
Is Peloton Group 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 Blue Cross Blue Shield of Massachusetts, Inc..
How does Peloton Group LLC's broker compensation compare with similar employers?
Peloton Group LLC paid 2.8% of medical premium in commissions and fees. The median for employers with 200-499 participants is 3.6%, and the median in Massachusetts is 2.5%. 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.