Richards Layton & Finger PA
Updated Filing received by DOL
Richards Layton & Finger PA, a professional & technical services employer in Wilmington, Delaware, reported 326 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 11 insurance contracts with no premium reported and $187,207 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on April 22, 2026, before the deadline.
Who was paid on Richards Layton & Finger PA's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Richards Layton & Finger PA filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Pentra LLC · Berwyn, PA | $67,083 | $10,727 | $77,810 | 6 |
| ST. John, Gordon · Villanova, PA | $54,120 | $0 | $54,120 | 2 |
| James R Nelligan & Associates · Wall, NJ | $0 | $51,064 | $51,064 | 4 |
| HP Planning LLC · Norwalk, CT | $2,885 | $0 | $2,885 | 1 |
| Alera Group Inc · New York, NY | $0 | $848 | $848 | 1 |
| DBL General Agency an Alera · Melville, NY | $0 | $454 | $454 | 1 |
| Pentra, LLC an Alera Group Co · Berwyn, PA | $0 | $26 | $26 | 1 |
| Benefit Advisors Network · Beachwood, OH | $0 | $0 | $0 | 2 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "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 |
|---|---|---|---|---|
| Highmark Delawarehealth | 812 | — | — | — |
| Delta Dental of Delawaredental | 548 | — | $19,694 | — |
| Vision Service Planvision | 145 | — | $2,858 | — |
| Unum Life Insurance Company of Americalife, long-term disability | 304 | — | $40,419 | — |
| Unum Life Insurance Company of Americalife | 116 | — | $12,806 | — |
| Sun Life Assurance Company of Canadalife | 301 | — | $4,187 | — |
| Hartford Fire Insurance Companycoverage not coded | 316 | — | $26 | — |
| Provident Life and Accident Insurance Companycoverage not coded | 97 | — | $86,576 | — |
| Provident Life and Casualty Insurance Companycoverage not coded | 1 | — | $16 | — |
| Unum Life Insurance Company of Americahealth | 226 | — | $4,933 | — |
| Unum Life Insurance Company of Americahealth | 100 | — | $15,692 | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Richards Layton & Finger PA 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
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 332 | 326 | −1.8% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $75,803 | $187,207 | +147.0% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2024 and 2025.
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 |
|---|---|---|---|---|
| Richards Layton & Finger PA Employee Benefit Plan#501 · insurance, general assets | December 31, 2025 | April 22, 2026 | before deadline | 326 |
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 Richards Layton & Finger PA pay in health insurance broker commissions in 2025?
Richards Layton & Finger PA's 2025 Form 5500 reports $187,207 in broker commissions and fees across 11 insurance contracts ($124,088 in commissions, $63,119 in fees), with Pentra LLC receiving the largest share.
Is Richards Layton & Finger PA's health plan self-funded or fully insured?
The 2025 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Highmark Delaware, Unum Life Insurance Company of America.
How does Richards Layton & Finger PA's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Richards Layton & Finger PA because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 200-499 participants that disclosed broker pay reported a median of $77,013.
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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.