Poly Conversions
Updated Filing received by DOL
Poly Conversions, a wholesale trade employer in Champaign, Illinois, reported 126 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 2 insurance contracts with no premium reported and $29,382 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on May 5, 2026, within the extension window.
Who was paid on Poly Conversions's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Poly Conversions filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Marsh McLennan Agency · Greensboro, NC | $13,468 | $0 | $13,468 | 1 |
| Professional Group Plans, Inc. · Hauppauge, NY | $9,644 | $646 | $10,290 | 1 |
| Amwins Connect Administrators, Inc. · Hunt Valley, MD | $0 | $5,456 | $5,456 | 1 |
| Gallagher · Dallas, TX | $168 | $0 | $168 | 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 |
|---|---|---|---|---|
| Unitedhealthcare Insurance Companyhealth, prescription drug, PPO | 5 | — | $18,924 | — |
| The Guardian Life Insurance Company of Americadental, vision, life, short-term disability | 115 | — | $10,458 | — |
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 Poly Conversions 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.
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 |
|---|---|---|---|---|
| Poly Conversions Health and Welfare Benefit Plan#501 · insurance, general assets | July 31, 2025 | May 5, 2026 | within extension | 126 |
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 Poly Conversions pay in health insurance broker commissions in 2024?
Poly Conversions's 2024 Form 5500 reports $29,382 in broker commissions and fees across 2 insurance contracts ($23,280 in commissions, $6,102 in fees), with Marsh McLennan Agency receiving the largest share.
Is Poly Conversions'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 Unitedhealthcare Insurance Company.
How does Poly Conversions's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Poly Conversions 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.