Sefar Inc.
Updated Filing received by DOL
Sefar Inc., a manufacturing — metal, equipment, transportation employer in Depew, New York, reported 185 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $522,402 in insurance premiums across 10 contracts and $122,878 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 13, 2025, within the extension window.
Who was paid on Sefar 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 Sefar Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Corporate Synergies · Mount Laurel, NJ | $111,492 | $1,984 | $113,476 | 6 |
| Paul Thomas Giangreco · Williamsville, NY | $4,606 | $221 | $4,827 | 2 |
| Parkhaven Benefits LLC · Kansas City, MO | $976 | $24 | $1,000 | 1 |
| Foundation Risk Partners, Corp. · Louisville, KY | $0 | $857 | $857 | 1 |
| Michael P Farley · Williamsville, NY | $593 | $32 | $625 | 1 |
| Shane Stickle · Hamburg, NY | $484 | $32 | $516 | 1 |
| Callista Jackson · Amherst, NY | $408 | $0 | $408 | 1 |
| Donald Vergils and Various · Williamsville, NY | $228 | $0 | $228 | 1 |
| Ryan Lager LLC · Kansas City, MO | $179 | $4 | $183 | 1 |
| The C & S Group Inc and Various · North Kansas City, MO | $151 | $0 | $151 | 1 |
| Mark Lagreca · Buffalo, NY | $140 | $0 | $140 | 1 |
| Mindy Skidmore LLC · North Kansas City, MO | $114 | $4 | $118 | 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 |
|---|---|---|---|---|
| Blue Cross Blue Shield of Kansas Cityhealth, prescription drug | 53 | $522,402 | $26,120 | 5.0% |
| Aflaccoverage not coded | 2 | — | $135 | — |
| Aflaccoverage not coded | 14 | — | $2,263 | — |
| Aflaccoverage not coded | 28 | — | $6,147 | — |
| First Reliance Standard Life Insurance Companylife, short-term disability, long-term disability | 190 | — | $20,083 | — |
| Hartford Life and Accidentcoverage not coded | 169 | — | — | — |
| Highmark Western and Northeastern New York Inc.health, prescription drug | 200 | — | $39,355 | — |
| Kaiser Foundation Health Plan, Inc.health, prescription drug, HMO | 24 | — | $13,453 | — |
| FSL NYvision | 276 | — | $1,116 | — |
| United Concordia Insurance Company of New Yorkdental | 300 | — | $14,206 | — |
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 Sefar 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.
Premium per covered person on medical contracts: $9,857 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 | 184 | 185 | +0.5% |
| Premiums filed | $383,667 | $522,402 | not comparable |
| Broker commissions + fees | $89,483 | $122,878 | +37.3% |
| 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 |
|---|---|---|---|---|
| Sefar Inc. Employee Benefits Plan#501 · insurance, general assets | December 31, 2024 | October 13, 2025 | within extension | 185 |
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 Sefar Inc. pay in health insurance broker commissions in 2024?
Sefar Inc.'s 2024 Form 5500 reports $122,878 in broker commissions and fees across 10 insurance contracts ($119,720 in commissions, $3,158 in fees), with Corporate Synergies receiving the largest share.
Is Sefar 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 Blue Cross Blue Shield of Kansas City, Highmark Western and Northeastern New York Inc., Kaiser Foundation Health Plan, Inc..
How does Sefar Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Sefar 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.