Project Enhancement Corporation
Updated Filing received by DOL
Project Enhancement Corporation, a professional & technical services employer in Germantown, Maryland, reported 164 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 8 insurance contracts with no premium reported and $221,767 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 21, 2026, before the deadline.
Who was paid on Project Enhancement Corporation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Project Enhancement Corporation filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Marsh McLennan Agency · Charlotte, NC | $83,484 | $7,878 | $91,362 | 9 |
| Kelly and Associates Insurance · Sparks, MD | $57,189 | $20,786 | $77,975 | 5 |
| Kelly & Assoc Insurance Group · Sparks, MD | $1,967 | $50,463 | $52,430 | 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 |
|---|---|---|---|---|
| Cigna Health and Life Insurance Companyhealth | 169 | — | $132,963 | — |
| Metropolitan Life Insurance Companydental | 146 | — | $37,946 | — |
| Vision Service Planvision | 140 | — | $2,951 | — |
| Health Advocate Solutions, Inc.coverage not coded | 158 | — | — | — |
| Reliance Standard Life Insurance Companylife | 162 | — | $17,735 | — |
| Reliance Standard Life Insurance Companyshort-term disability | 162 | — | $15,561 | — |
| Reliance Standard Life Insurance Companylong-term disability | 162 | — | $13,437 | — |
| Reliance Standard Life Insurance Companycoverage not coded | 134 | — | $1,174 | — |
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 Project Enhancement Corporation 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 | 168 | 164 | −2.4% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $224,959 | $221,767 | −1.4% |
| 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 |
|---|---|---|---|---|
| Project Enhancement Corporation Health and Welfare Plan#501 · insurance, general assets | June 30, 2025 | January 21, 2026 | before deadline | 164 |
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 Project Enhancement Corporation pay in health insurance broker commissions in 2024?
Project Enhancement Corporation's 2024 Form 5500 reports $221,767 in broker commissions and fees across 8 insurance contracts ($142,640 in commissions, $79,127 in fees), with Marsh McLennan Agency receiving the largest share.
Is Project Enhancement Corporation'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 Cigna Health and Life Insurance Company.
How does Project Enhancement Corporation's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Project Enhancement Corporation 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.