Project Now, Inc.
Updated Filing received by DOL
Project Now, Inc., a healthcare & social assistance employer in Rock Island, Illinois, reported 113 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $74,696 in insurance premiums across 6 contracts and $41,292 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 14, 2025, before the deadline.
Who was paid on Project Now, 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 Project Now, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| AssuredPartners · West Des Moines, IA | $38,616 | $375 | $38,991 | 6 |
| Matthew Steven Rednour · Bettendorf, IA | $1,112 | $0 | $1,112 | 1 |
| Ware Group General Agencies · Champaign, IL | $974 | $0 | $974 | 2 |
| Rednour, Matthew S · Bettendorf, IA | $215 | $0 | $215 | 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 |
|---|---|---|---|---|
| Standard Insurance Companydental | 66 | $48,643 | $1,612 | 3.3% |
| Standard Insurance Companylife | 117 | $17,404 | $1,548 | 8.9% |
| Standard Insurance Companyvision | 65 | $8,649 | $272 | — |
| Bluecross Blueshield of Illinoishealth | 84 | — | $34,473 | — |
| Assurity Life Insurance Companyshort-term disability | 62 | — | $2,814 | — |
| Sun Life Assurance Company of Canadalong-term disability | 7 | — | $573 | — |
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 Now, 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.
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 | 104 | 113 | +8.7% |
| Premiums filed | $73,900 | $74,696 | not comparable |
| Broker commissions + fees | $42,365 | $41,292 | −2.5% |
| 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 Now, Inc. Welfare Benefit Plan#501 · insurance, general assets | March 31, 2025 | October 14, 2025 | before deadline | 113 |
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 Now, Inc. pay in health insurance broker commissions in 2024?
Project Now, Inc.'s 2024 Form 5500 reports $41,292 in broker commissions and fees across 6 insurance contracts ($40,917 in commissions, $375 in fees), with AssuredPartners receiving the largest share.
Is Project Now, Inc.'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 Bluecross Blueshield of Illinois.
How does Project Now, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Project Now, Inc. 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.