Savatree, LLC
Updated Filing received by DOL
Savatree, LLC, a professional & technical services employer in Bedford Hills, New York, reported 2,655 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 7 insurance contracts with no premium reported and $399,584 in broker commissions and fees. The plan is self-funded (the employer pays claims itself). The Department of Labor received the filing on September 23, 2025, before the deadline.
Who was paid on Savatree, 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 Savatree, LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Megan Silverman · Fallston, MD | $159,801 | $6,974 | $166,775 | 7 |
| E Powered Benefits LLC · Moorseville, NC | $153,790 | $0 | $153,790 | 7 |
| David McClellan · Reinholds, PA | $9,651 | $54,453 | $64,104 | 5 |
| Gis Benefits · Morris, IL | $0 | $14,646 | $14,646 | 6 |
| Mercer · Chicago, IL | $269 | $0 | $269 | 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 |
|---|---|---|---|---|
| Unum Life Insurance Company of Americalife, short-term disability, long-term disability | 2,774 | — | $151,885 | — |
| Unum Life Insurance Company of Americashort-term disability | 242 | — | $25,886 | — |
| Unum Life Insurance Company of Americacoverage not coded | 346 | — | $65,694 | — |
| First Unum Life Insurance Companycoverage not coded | 584 | — | $90,818 | — |
| Provident Life and Casualty Insurance Companycoverage not coded | 394 | — | $23,701 | — |
| Provident Life and Casualty Insurance Companycoverage not coded | 581 | — | $34,737 | — |
| National Guardian Life Insurance Companydental, vision | 65 | — | $6,863 | — |
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 Savatree, 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.
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 | 795 | 2,655 | +234.0% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $228,337 | $399,584 | +75.0% |
| 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 |
|---|---|---|---|---|
| Savatree, LLC Employee Benefits Plan#501 · insurance, general assets | March 31, 2025 | September 23, 2025 | before deadline | 2,655 |
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 Savatree, LLC pay in health insurance broker commissions in 2024?
Savatree, LLC's 2024 Form 5500 reports $399,584 in broker commissions and fees across 7 insurance contracts ($323,511 in commissions, $76,073 in fees), with Megan Silverman receiving the largest share.
Is Savatree, LLC's health plan self-funded or fully insured?
The 2024 filing indicates the plan is self-funded (the employer pays claims itself).
How does Savatree, LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Savatree, LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 1,000-4,999 participants that disclosed broker pay reported a median of $168,579.
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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.