Smith Elliott Kearns & Company, LLC
Updated Filing received by DOL
Smith Elliott Kearns & Company, LLC, a professional & technical services employer in Hagerstown, Maryland, reported 180 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 2 insurance contracts with no premium reported and $109,740 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 10, 2026, before the deadline.
Who was paid on Smith Elliott Kearns & Company, 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 Smith Elliott Kearns & Company, LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Strickler Agency, Inc. · Chambersburg, PA | $4,203 | $55,958 | $60,161 | 1 |
| USI Insurance Services · Baltimore, MD | $2,937 | $26,635 | $29,572 | 1 |
| Kelly & Assoc Insurance Group, Inc. · Sparks, MD | $0 | $13,893 | $13,893 | 1 |
| GBL & Associates, Inc. · Downers Grove, IL | $2,079 | $0 | $2,079 | 1 |
| HH Business Advisors, LLC · Cottonwood Heights, UT | $2,079 | $0 | $2,079 | 1 |
| Vincent Glenn Bicicchi · Downers Grove, IL | $978 | $0 | $978 | 1 |
| Clinton E. Hall · Darien, CT | $978 | $0 | $978 | 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 |
|---|---|---|---|---|
| Carefirst of Maryland, Inc.health, dental, vision, prescription drug, HMO | 146 | — | $103,626 | — |
| Principal Life Insurance Companylife, long-term disability | 182 | — | $6,114 | — |
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 Smith Elliott Kearns & Company, 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 | 177 | 180 | +1.7% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $60,247 | $109,740 | +82.2% |
| 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 |
|---|---|---|---|---|
| Smith Elliott Kearns & Company, LLC Welfare Benefit Plan#502 · insurance, general assets | September 30, 2025 | April 10, 2026 | before deadline | 180 |
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 Smith Elliott Kearns & Company, LLC pay in health insurance broker commissions in 2024?
Smith Elliott Kearns & Company, LLC's 2024 Form 5500 reports $109,740 in broker commissions and fees across 2 insurance contracts ($13,254 in commissions, $96,486 in fees), with Strickler Agency, Inc. receiving the largest share.
Is Smith Elliott Kearns & Company, 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 Carefirst of Maryland, Inc..
How does Smith Elliott Kearns & Company, LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Smith Elliott Kearns & Company, LLC 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.