Propharma Group, LLC
Updated Filing received by DOL
Propharma Group, LLC, a professional & technical services employer in Raleigh, North Carolina, reported 1,254 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $15M in insurance premiums across 14 contracts and $434,700 in broker commissions and fees, 1.8% 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 October 9, 2025, within the extension window.
Who was paid on Propharma Group, LLC's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Propharma Group, LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Lockton · Kansas City, MO | $121,096 | $227,650 | $348,746 | 15 |
| Montshire Global Distributors LLC · Leawood, KS | $9,465 | $34,801 | $44,266 | 8 |
| Willis Towers Watson · Nashville, TN | $38,595 | $3,093 | $41,688 | 9 |
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 Shield of Kansas Cityhealth, prescription drug, PPO | 1,728 | $15M | $274,309 | 1.8% |
| Delta Dental of Kansas, Inc.dental | 985 | — | $7,305 | — |
| Reliance Standard Life Insurance Companylife | 871 | — | $35,891 | — |
| Vision Service Planvision | 818 | — | $616 | — |
| Reliance Standard Life Insurance Companyshort-term disability | 871 | — | $1,681 | — |
| Reliance Standard Life Insurance Companylong-term disability | 871 | — | $13,317 | — |
| Reliance Standard Life Insurance Companycoverage not coded | 856 | — | $3,977 | — |
| Reliance Standard Life Insurance Companycoverage not coded | 306 | — | $18,550 | — |
| Reliance Standard Life Insurance Companycoverage not coded | 325 | — | $17,246 | — |
| First Reliance Standard Life Insurance Companyshort-term disability | 192 | — | $2,317 | — |
| Reliance Standard Life Insurance Companycoverage not coded | 135 | — | $24,564 | — |
| Reliance Standard Life Insurance Companylong-term disability | 26 | — | $15,533 | — |
| Reliance Standard Life Insurance Companyshort-term disability | 27 | — | $19,394 | — |
| New Directions Behavioral Healthcoverage not coded | 525 | — | — | — |
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 Propharma Group, LLC 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: $8,626 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 | 972 | 1,254 | +29.0% |
| Premiums filed | $11,936,617 | $14,905,784 | +24.9% |
| Broker commissions + fees | $276,609 | $434,700 | +57.2% |
| Commission rate | 1.5% | 1.8% | +0.3 pts |
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 |
|---|---|---|---|---|
| Propharma Group Welfare Benefits Plan#501 · insurance, general assets | February 28, 2025 | October 9, 2025 | within extension | 1,254 |
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 Propharma Group, LLC pay in health insurance broker commissions in 2024?
Propharma Group, LLC's 2024 Form 5500 reports $434,700 in broker commissions and fees across 14 insurance contracts ($169,156 in commissions, $265,544 in fees), with Lockton receiving the largest share.
Is Propharma Group, LLC'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 of Kansas City.
How does Propharma Group, LLC's broker compensation compare with similar employers?
Propharma Group, LLC paid 1.8% of medical premium in commissions and fees. The median for employers with 1,000-4,999 participants is 2.0%, and the median in North Carolina is 4.5%. Percentages are computed only on fully insured medical contracts with filed premiums.
Send the full findings to your inbox.
A specialist writes up every finding for Propharma Group, LLC with the methodology and public-source citations, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.
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.