Progressive Technologies
Updated Filing received by DOL a plan year 2025 filing was received May 1, 2026 for 1 of this employer's 2 plans; this record moves to 2025 when all have arrived
Progressive Technologies, a construction employer in Memphis, Tennessee, reported 153 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $810,265 in insurance premiums across 3 contracts and $58,326 in broker commissions and fees, 5.5% of medical premium against a national median of 3.8% among plans that paid commissions in plan year 2024. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on May 16, 2025, before the deadline.
Who was paid on Progressive Technologies's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Progressive Technologies filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Jas D Collier and Company · Memphis, TN | $51,270 | $1,265 | $52,535 | 2 |
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 |
|---|---|---|---|---|
| Blue Cross Blue Shieldhealth | 155 | $810,265 | $44,153 | 5.4% |
| The Lincoln National Life Insurance Companylife | 269 | — | $5,791 | — |
| The Lincoln Nantional Life Insurnace Companylong-term disability | 269 | — | $8,382 | — |
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 Progressive Technologies 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: $5,228 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 | 118 | 153 | +29.7% |
| Premiums filed | $0 | $810,265 | — |
| Broker commissions + fees | $0 | $58,326 | — |
| Commission rate | — | 5.5% | — |
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 |
|---|---|---|---|---|
| Progressive Technologies Health Reimbursement Arrangement#525 · general assets | December 31, 2024 | May 16, 2025 | before deadline | 153 |
| Progressive Technologies Inc Welfare Benefit Plan#501 · insurance | December 31, 2024 | August 22, 2025 | within extension | 133 |
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 Progressive Technologies pay in health insurance broker commissions in 2024?
Progressive Technologies's 2024 Form 5500 reports $58,326 in broker commissions and fees across 3 insurance contracts ($56,155 in commissions, $2,171 in fees), with Jas D Collier and Company receiving the largest share.
Is Progressive Technologies'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 Blue Cross Blue Shield.
How does Progressive Technologies's broker compensation compare with similar employers?
Progressive Technologies paid 5.5% of medical premium in commissions and fees. The median for employers with 100-199 participants is 4.2%, and the median in Tennessee is 3.9%. 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.