Pfizer Inc
Updated Filing received by DOL
Pfizer Inc, a manufacturing — chemical, wood, plastics employer in Tampa, Florida, reported 32,225 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $5.4M in insurance premiums across 15 contracts and $310,698 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 6, 2025, within the extension window.
Who was paid on Pfizer 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 Pfizer Inc filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Strategic Non-Medical Solutions LLC · Boston, MA | $0 | $261,161 | $261,161 | 3 |
| Pacific Resources Benefits Advisors · Atlanta, GA | $0 | $49,537 | $49,537 | 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 |
|---|---|---|---|---|
| Prudential Insurance Company of Americalife | 751 | $3.4M | — | — |
| Prudential Insurance Company of Americalife | 123 | $2.0M | — | — |
| Metropolitan Life Insurance Companylife | 34,676 | — | $20,975 | — |
| Metropolitan Life Insurance Companylife | 44,784 | — | $212,952 | — |
| Metropolitan Life Insurance Companycoverage not coded | 45,296 | — | $27,234 | — |
| Eyemed Vision Carevision | 64,713 | — | — | — |
| National Unioncoverage not coded | 32,199 | — | — | — |
| Aetna Inc.health, PPO | 146 | — | — | — |
| New York Life Group Insurance Company of New Yorklong-term disability | 31,566 | — | $49,537 | — |
| Eyemed Vision Carevision | 3,272 | — | — | — |
| Sierra Health and Life Insurance Co., Inc.health | 25,966 | — | — | — |
| Eyemed Vision Carevision | 908 | — | — | — |
| Horizon Healtcare Services, Inc.health | 283 | — | — | — |
| Horizon Healthcare Services, Inc.prescription drug | 283 | — | — | — |
| Aetna Life Insurance Companyhealth, dental, PPO | 127 | — | — | — |
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 Pfizer 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.
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
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 38,010 | 32,225 | −15.2% |
| Premiums filed | $4,215,147 | $5,428,548 | +28.8% |
| Broker commissions + fees | $519,736 | $310,698 | −40.2% |
| 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.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Pfizer Health and Welfare Benefit Plan#601 · insurance, general assets | December 31, 2024 | October 6, 2025 | within extension | 32,225 |
| Pfizer Retiree Medical Plan#559 · insurance, general assets, trust | December 31, 2024 | October 6, 2025 | within extension | 21,450 |
| Pfizer Legacy Retiree Benefits Plan#586 · insurance, general assets | December 31, 2024 | October 6, 2025 | within extension | 2,611 |
| International Retiree Healthcare Plan#587 · insurance, general assets | December 31, 2024 | October 6, 2025 | within extension | 119 |
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 Pfizer Inc pay in health insurance broker commissions in 2024?
Pfizer Inc's 2024 Form 5500 reports $310,698 in broker commissions and fees across 15 insurance contracts ($0 in commissions, $310,698 in fees), with Strategic Non-Medical Solutions LLC receiving the largest share.
Is Pfizer Inc'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 Aetna Inc., Sierra Health and Life Insurance Co., Inc., Horizon Healtcare Services, Inc..
How does Pfizer Inc's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Pfizer Inc because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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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.