Perkins School for the Blind
Updated Filing received by DOL
Perkins School for the Blind, an education services employer in Watertown, Massachusetts, reported 715 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $7.0M in insurance premiums across 7 contracts and $211,856 in broker commissions and fees, 2.5% 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 December 8, 2025, before the deadline.
Who was paid on Perkins School for the Blind's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Perkins School for the Blind filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| USI Insurance Services · Virginia Beach, VA | $182,581 | $25,132 | $207,713 | 6 |
| Colgate Benefits Inc · Grafton, MA | $1,404 | $66 | $1,470 | 1 |
| Enrollment Solutions LTD · Sutton, MA | $847 | $265 | $1,112 | 1 |
| Michael R. Ackerman · Fort Washington, PA | $436 | $0 | $436 | 1 |
| Ashley Follis · Durham, NH | $427 | $0 | $427 | 1 |
| Stephanie Dechristofaro · Murfreesboro, TN | $391 | $0 | $391 | 1 |
| Fleury Enterprises and Other Agents · Tiverton, RI | $307 | $0 | $307 | 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 |
|---|---|---|---|---|
| Cigna Health and Life Insurance Companyhealth, vision, prescription drug, indemnity | 831 | $6.7M | $165,755 | 2.5% |
| Standard Insurance Companylife, long-term disability | 717 | $350,062 | $22,369 | 6.4% |
| Federal Insurance Companycoverage not coded | — | — | — | — |
| Metropolitan General Insurance Companycoverage not coded | 105 | — | $2,848 | — |
| Vision Service Planvision | 376 | — | $1,906 | — |
| Colonial Life & Accident Insurance Companylife | 55 | — | $9,088 | — |
| Altus Dental Insurance Company, Inc.dental | 867 | — | $9,890 | — |
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 Perkins School for the Blind 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: $8,027 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 | 678 | 715 | +5.5% |
| Premiums filed | $5,699,314 | $7,020,149 | +23.2% |
| Broker commissions + fees | $174,414 | $211,856 | +21.5% |
| Commission rate | 2.5% | 2.5% | −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 |
|---|---|---|---|---|
| Perkins School for the Blind Employee Benefits Plan#501 · insurance | June 30, 2025 | December 8, 2025 | before deadline | 715 |
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 Perkins School for the Blind pay in health insurance broker commissions in 2024?
Perkins School for the Blind's 2024 Form 5500 reports $211,856 in broker commissions and fees across 7 insurance contracts ($186,393 in commissions, $25,463 in fees), with USI Insurance Services receiving the largest share.
Is Perkins School for the Blind'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 Cigna Health and Life Insurance Company.
How does Perkins School for the Blind's broker compensation compare with similar employers?
Perkins School for the Blind paid 2.5% of medical premium in commissions and fees. The median for employers with 500-999 participants is 2.7%, 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.