Segers Aero Corporation
Updated Filing received by DOL
Segers Aero Corporation, a manufacturing — metal, equipment, transportation employer in Fairhope, Alabama, reported 150 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $1.0M in insurance premiums across 9 contracts and $117,921 in broker commissions and fees, 0.0% 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 July 6, 2026, before the deadline.
Who was paid on Segers Aero Corporation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Segers Aero Corporation filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| HUB International · Grand Rapids, MI | $64,096 | $5,042 | $69,138 | 10 |
| Healthcomp Integrated Solutions LLC · Covington, LA | $0 | $16,491 | $16,491 | 1 |
| Gis Benefits Inc · Morris, IL | $0 | $14,665 | $14,665 | 4 |
| Providence Benefits LLC · Birmingham, AL | $13,579 | $0 | $13,579 | 1 |
| Carl Michael Loncono, JR. · Mobile, AL | $1,271 | $0 | $1,271 | 1 |
| Lewis Ashton Brock Lii · Mobile, AL | $775 | $24 | $799 | 1 |
| Sherrel S Cochran · Semmes, AL | $582 | $65 | $647 | 1 |
| Shaye F Brock · Mobile, AL | $525 | $0 | $525 | 1 |
| Melissa Billingsley · Ocean Springs, MS | $55 | $288 | $343 | 1 |
| Jennifer C Cushman · Mobile, AL | $71 | $103 | $174 | 1 |
| Jeff Hunter Sweatt · Daphne, AL | $120 | $0 | $120 | 1 |
| D'arciprete & Associates Inc · Montgomery, AL | $89 | $0 | $89 | 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 |
|---|---|---|---|---|
| Blue Cross and Blue Shield of Alabamahealth, prescription drug, PPO | 141 | $1.0M | — | — |
| Principal Life Insurance Companydental, vision, PPO | 321 | — | $20,214 | — |
| Colonial Life & Accident Insurance Companylife | 38 | — | $4,623 | — |
| The Lincoln National Life Insurance Companylife | 199 | — | $10,705 | — |
| McLaughlin Young Employee Services, Inc.coverage not coded | 175 | — | — | — |
| Companion Life Insurance Companycoverage not coded | 117 | — | $59,166 | — |
| The Lincoln National Life Insurance Companyshort-term disability | 199 | — | $8,786 | — |
| The Lincoln National Life Insurance Companylong-term disability | 197 | — | $13,156 | — |
| Teladoc Health, Inc.coverage not coded | 118 | — | $1,271 | — |
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 Segers Aero Corporation 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: $7,434 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
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 166 | 150 | −9.6% |
| Premiums filed | $938,079 | $1,048,164 | +11.7% |
| Broker commissions + fees | $106,247 | $117,921 | +11.0% |
| Commission rate | 0.0% | 0.0% | +0.0 pts |
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 |
|---|---|---|---|---|
| Segers Aero Corporation Employee Benefits Plan#509 · insurance, general assets | December 31, 2025 | July 6, 2026 | before deadline | 150 |
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 Segers Aero Corporation pay in health insurance broker commissions in 2025?
Segers Aero Corporation's 2025 Form 5500 reports $117,921 in broker commissions and fees across 9 insurance contracts ($81,243 in commissions, $36,678 in fees), with HUB International receiving the largest share.
Is Segers Aero Corporation'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 Blue Cross and Blue Shield of Alabama.
How does Segers Aero Corporation's broker compensation compare with similar employers?
Segers Aero Corporation paid 0.0% of medical premium in commissions and fees. The median for employers with 100-199 participants is 4.2%, and the median in Alabama is 3.7%. Percentages are computed only on fully insured medical contracts with filed premiums.
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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.