Snapmedtech,inc.
Updated Filing received by DOL
Snapmedtech,inc., an administrative & support services employer in Atlanta, Georgia, reported 149 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $534,865 in insurance premiums across 3 contracts and $56,491 in broker commissions and fees, 6.9% 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 8, 2026, before the deadline.
Who was paid on Snapmedtech,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 Snapmedtech,inc. filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| USI Insurance Services · Atlanta, GA | $16,829 | $39,464 | $56,293 | 3 |
| Elizabeth H. Fincher · Roswell, GA | $198 | $0 | $198 | 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 |
|---|---|---|---|---|
| Cigna Health and Life Insurance Companyhealth, prescription drug | 65 | $534,865 | $37,013 | 6.9% |
| The Guardian Life Insurance Company of Americadental, vision, life, short-term disability, long-term disability, indemnity | 61 | — | $18,884 | — |
| Pre-Paid Legal Services, Inc., dba Legalshieldcoverage not coded | 10 | — | $594 | — |
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 Snapmedtech,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.
Premium per covered person on medical contracts: $8,229 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 | 179 | 149 | −16.8% |
| Premiums filed | $1,029,447 | $534,865 | −48.0% |
| Broker commissions + fees | $108,106 | $56,491 | −47.7% |
| Commission rate | 6.4% | 6.9% | +0.5 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 |
|---|---|---|---|---|
| Snapmedtech, Inc. (dba - Snapcare) Health & Welfare Plan#501 · insurance, general assets | December 31, 2025 | July 8, 2026 | before deadline | 149 |
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 Snapmedtech,inc. pay in health insurance broker commissions in 2025?
Snapmedtech,inc.'s 2025 Form 5500 reports $56,491 in broker commissions and fees across 3 insurance contracts ($17,027 in commissions, $39,464 in fees), with USI Insurance Services receiving the largest share.
Is Snapmedtech,inc.'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 Cigna Health and Life Insurance Company.
How does Snapmedtech,inc.'s broker compensation compare with similar employers?
Snapmedtech,inc. paid 6.9% of medical premium in commissions and fees. The median for employers with 100-199 participants is 4.2%, and the median in Georgia is 7.0%. 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.