Riskonnect, Inc.
Updated Filing received by DOL
Riskonnect, Inc., a professional & technical services employer in Atlanta, Georgia, reported 618 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 8 insurance contracts with no premium reported and $332,817 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on August 20, 2026, within the extension window.
Who was paid on Riskonnect, 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 Riskonnect, Inc. filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Mercer · Chicago, IL | $128,336 | $202,324 | $330,660 | 8 |
| Intermediary Solutions Company · Frisco, TX | $1,726 | $0 | $1,726 | 1 |
| Cecil Mark Brown · Weatherford, TX | $162 | $0 | $162 | 1 |
| Brooks Werkheiser · Ponte Vedra Beach, FL | $162 | $0 | $162 | 1 |
| New Biz, LLC · Marietta, GA | $54 | $0 | $54 | 1 |
| Whigham and Associates, Inc. · Plano, TX | $54 | $0 | $54 | 1 |
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 |
|---|---|---|---|---|
| Vision Service Planvision | 455 | — | $10,889 | — |
| Unum Life Insurance Company of Americalife, long-term disability | 589 | — | $28,669 | — |
| Unum Life Insurance Company of Americalife | 285 | — | $23,967 | — |
| Pre-Paid Legal Services Inc dba Legalshieldcoverage not coded | 68 | — | $4,315 | — |
| Cigna Health and Life Insurance Company and Affiliateshealth, dental, prescription drug, indemnity | 519 | — | $234,325 | — |
| Cigna Health and Life Insurance Companycoverage not coded | 233 | — | $8,184 | — |
| Cigna Health and Life Insurance Companycoverage not coded | 197 | — | $10,069 | — |
| Cigna Health and Life Insurance Companycoverage not coded | 181 | — | $12,399 | — |
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 Riskonnect, 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
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 492 | 618 | +25.6% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $457,720 | $332,817 | −27.3% |
| 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 |
|---|---|---|---|---|
| Riskonnect, Inc. Health and Welfare Benefits Plan#501 · insurance, general assets | December 31, 2025 | August 20, 2026 | within extension | 618 |
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 Riskonnect, Inc. pay in health insurance broker commissions in 2025?
Riskonnect, Inc.'s 2025 Form 5500 reports $332,817 in broker commissions and fees across 8 insurance contracts ($130,493 in commissions, $202,324 in fees), with Mercer receiving the largest share.
Is Riskonnect, Inc.'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 Cigna Health and Life Insurance Company and Affiliates.
How does Riskonnect, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Riskonnect, Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 500-999 participants that disclosed broker pay reported a median of $104,902.
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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.