Pioneer Valley Cardiology, P.C.
Updated Filing received by DOL
Pioneer Valley Cardiology, P.C., a healthcare & social assistance employer in Springfield, Massachusetts, reported 123 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 6 insurance contracts with no premium reported and $57,297 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on January 28, 2026, before the deadline.
Who was paid on Pioneer Valley Cardiology, P.C.'s plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Pioneer Valley Cardiology, P.C. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Agent Not Listed | $37,995 | $0 | $37,995 | 1 |
| OneDigital · Atlanta, GA | $13,032 | $6,207 | $19,239 | 5 |
| Christopher Manzi · Ipswich, MA | $37 | $7 | $44 | 1 |
| Gianni Richio · South Hamilton, MA | $9 | $0 | $9 | 1 |
| J King Insurance Inc. · East Greenwich, RI | $3 | $2 | $5 | 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 |
|---|---|---|---|---|
| Principal Life Insurance Companydental, PPO | 124 | — | $2,955 | — |
| United of Omaha Life Insurance Companylife, short-term disability, long-term disability | 120 | — | $14,436 | — |
| Health New England, Inc.health | 80 | — | $37,995 | — |
| Fidelity Security Life Insurance Companyvision | 63 | — | $908 | — |
| Colonial Life & Accident Insurance Companyshort-term disability | 4 | — | $294 | — |
| Transamerica Life Insurance Companycoverage not coded | 11 | — | $709 | — |
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 Pioneer Valley Cardiology, P.C. 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 | 109 | 123 | +12.8% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $59,861 | $57,297 | −4.3% |
| 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 |
|---|---|---|---|---|
| Pioneer Valley Cardiology, P.C. Welfare Plan#503 · insurance, general assets | June 30, 2025 | January 28, 2026 | before deadline | 123 |
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 Pioneer Valley Cardiology, P.C. pay in health insurance broker commissions in 2024?
Pioneer Valley Cardiology, P.C.'s 2024 Form 5500 reports $57,297 in broker commissions and fees across 6 insurance contracts ($51,081 in commissions, $6,216 in fees), with Agent Not Listed receiving the largest share.
Is Pioneer Valley Cardiology, P.C.'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 Health New England, Inc..
How does Pioneer Valley Cardiology, P.C.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Pioneer Valley Cardiology, P.C. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 100-199 participants that disclosed broker pay reported a median of $53,852.
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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.