People Encouraging People, Inc.
Updated Filing received by DOL
People Encouraging People, Inc., an administrative & support services employer in Baltimore, Maryland, reported 196 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $2.5M in insurance premiums across 6 contracts and $44,212 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 fully insured (an insurance carrier pays claims). The Department of Labor received the filing on April 2, 2026, within the extension window.
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 |
|---|---|---|---|---|
| Carefirst of Maryland, Inc.health, dental, prescription drug | 154 | $2.5M | — | — |
| The Lincoln National Life Insurance Companycoverage not coded | 87 | — | $285 | — |
| The Lincoln National Life Insurance Companycoverage not coded | 87 | — | $12,738 | — |
| The Lincoln National Life Insurance Companylong-term disability | 213 | — | $11,023 | — |
| The Lincoln National Life Insurance Companylife | 209 | — | $8,804 | — |
| The Lincoln National Life Insurance Companyshort-term disability | 213 | — | $11,362 | — |
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 People Encouraging People, 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: $16,539 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 | 203 | 196 | −3.4% |
| Premiums filed | $0 | $2,546,954 | — |
| Broker commissions + fees | $173,759 | $44,212 | −74.6% |
| Commission rate | — | 0.0% | — |
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 |
|---|---|---|---|---|
| People Encouraging People, Inc. Health and Welfare Benefit Plan#502 · insurance | June 30, 2025 | April 2, 2026 | within extension | 196 |
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 People Encouraging People, Inc. pay in health insurance broker commissions in 2024?
People Encouraging People, Inc.'s 2024 Form 5500 reports $44,212 in broker commissions and fees across 6 insurance contracts ($24,470 in commissions, $19,742 in fees).
Is People Encouraging People, 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 Carefirst of Maryland, Inc..
How does People Encouraging People, Inc.'s broker compensation compare with similar employers?
People Encouraging People, Inc. paid 0.0% of medical premium in commissions and fees. The median for employers with 100-199 participants is 4.2%, and the median in Maryland is 5.5%. Percentages are computed only on fully insured medical contracts with filed premiums.
Send the full findings to your inbox.
A specialist writes up every finding for People Encouraging People, Inc. with the methodology and public-source citations, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.
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.