BenefitsLedger
Employer health plan record · Plan year 2024 · Form 5500

Sight Partners, LLC

Healthcare & social assistance · Everett, Washington · EIN ending 7355

Updated Filing received by DOL

Sight Partners, LLC, a healthcare & social assistance employer in Everett, Washington, reported 224 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 4 insurance contracts with no premium reported and $120,909 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 15, 2026, before the deadline.

Participants
224
plan year 2024
Premiums filed
none
premium not reported on 1 medical contract
Broker commissions + fees
$120,909
3 brokers
Commission rate
n/a
needs insured medical premium

Who was paid on Sight Partners, 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 Sight Partners, LLC filed for 2024.

Broker or agentCommissionsFeesTotalContracts
Parker Smith & Feek Inc. · Bellevue, WA$72,778$27,497$100,2753
Connexion Insurance Solutions · Seattle, WA$17,113$2,638$19,7512
Watchtower Benefits, LLC · Chicago, IL$0$883$8831

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 · coverageCoveredPremiumBroker payRate
Symetra Life Insurance Companycoverage not coded96—$12,807—
Symetra Life Insurance Companylife, short-term disability, long-term disability333—$25,491—
Eyemed Vision Carevision16—$537—
Premera Blue Crosshealth, dental, vision, prescription drug221—$82,074—

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 Sight Partners, 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.

Broker commissions + fees, dollars
Sight Partners, LLC
$120,909
Commission rate, % of medical premium

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.

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.

PlanPlan year endReceived by DOLTimingParticipants
Northwest Eye Surgeons PC Welfare Benefits Plan#501 · insurance, general assetsSeptember 30, 2025April 15, 2026before deadline224

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 Sight Partners, LLC pay in health insurance broker commissions in 2024?

Sight Partners, LLC's 2024 Form 5500 reports $120,909 in broker commissions and fees across 4 insurance contracts ($89,891 in commissions, $31,018 in fees), with Parker Smith & Feek Inc. receiving the largest share.

Is Sight Partners, LLC'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 Premera Blue Cross.

How does Sight Partners, LLC's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Sight Partners, LLC 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.