BenefitsLedger
Employer health plan record · Plan year 2024 · Form 5500

Priority Wire & Cable, Inc.

Wholesale trade · Little Rock, Arkansas · EIN ending 2557

Updated Filing received by DOL

Priority Wire & Cable, Inc., a wholesale trade employer in Little Rock, Arkansas, reported 821 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $279,197 in insurance premiums across 4 contracts and $159,494 in broker commissions and fees. The plan is self-funded (the employer pays claims itself). The Department of Labor received the filing on February 23, 2026, before the deadline.

Participants
821
−33.6% vs 2023
Premiums filed
$279,197
−45.0% vs 2023
Broker commissions + fees
$159,494
+4.3% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Priority Wire & Cable, 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 Priority Wire & Cable, Inc. filed for 2024.

Broker or agentCommissionsFeesTotalContracts
Lockton · Kansas City, MO$148,003$11,491$159,4942

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 · coverageCoveredPremiumBroker payRate
Delta Dental Plan of Arkansasdental1,182$279,197——
Sun Life Assurance Company of Canadavision, life, short-term disability, long-term disability709—$143,859—
Janus Associates, Inc. dba BHScoverage not coded897———
Sun Life Assurance Company of Canadacoverage not coded112—$15,635—

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 Priority Wire & Cable, 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.

Broker commissions + fees, dollars
Priority Wire & Cable, Inc.
$159,494
Commission rate, % of medical premium

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

$507,782$279,197Premiums$152,990$159,494Broker pay20232024
Priority Wire & Cable, Inc.: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants1,236821−33.6%
Premiums filed$507,782$279,197−45.0%
Broker commissions + fees$152,990$159,494+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.

PlanPlan year endReceived by DOLTimingParticipants
PWC Comprehensive Health and Welfare Benefit Plan#501 · insurance, general assetsJuly 31, 2025February 23, 2026before deadline821

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 Priority Wire & Cable, Inc. pay in health insurance broker commissions in 2024?

Priority Wire & Cable, Inc.'s 2024 Form 5500 reports $159,494 in broker commissions and fees across 4 insurance contracts ($148,003 in commissions, $11,491 in fees), with Lockton receiving the largest share.

Is Priority Wire & Cable, Inc.'s health plan self-funded or fully insured?

The 2024 filing indicates the plan is self-funded (the employer pays claims itself).

How does Priority Wire & Cable, Inc.'s broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Priority Wire & Cable, Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 500-999 participants that disclosed broker pay reported a median of $104,902.

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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.