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

Sodecia North America

Updated Filing received by DOL

Sodecia North America, a manufacturing — metal, equipment, transportation employer in Troy, Michigan, reported 361 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $53,727 in insurance premiums across 8 contracts and $118,802 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on March 26, 2026, before the deadline.

Participants
361
−7.7% vs 2023
Premiums filed
$53,727
premium not reported on 1 medical contract
Broker commissions + fees
$118,802
−22.2% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Sodecia North America's plan

Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Sodecia North America filed for 2024.

Broker or agentCommissionsFeesTotalContracts
HUB International · Chicago, IL$56,824$29,467$86,29112
Shall, Patricia · Utica, MI$32,346$0$32,3461
Enrollease, Inc dba Easecentral · Las Vegas, NV$164$0$1641

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
Vision Service Planvision240$34,817$2,2276.4%
Delta Dental of Michigandental41$18,910$1,88210.0%
Guardian Life Insurance Companydental244—$16,107—
Reliance Standard Life Insurance Companylife29—$7,960—
Reliance Standard Life Insurance Companylong-term disability22—$9,612—
Reliance Standard Life Insurance Companylife14—$11,609—
Reliance Standard Life Insurance Companyshort-term disability422—$37,059—
Priority Healthhealth, prescription drug450—$32,346—

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 Sodecia North America 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
Sodecia North America
$118,802
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.

Year over year

$26,593$53,727Premiums$152,731$118,802Broker pay20232024
Sodecia North America: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants391361−7.7%
Premiums filed$26,593$53,727not comparable
Broker commissions + fees$152,731$118,802−22.2%
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.

PlanPlan year endReceived by DOLTimingParticipants
Sodecia North America Erisa Wrap Document#505 · insurance, general assetsSeptember 30, 2025March 26, 2026before deadline361

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 Sodecia North America pay in health insurance broker commissions in 2024?

Sodecia North America's 2024 Form 5500 reports $118,802 in broker commissions and fees across 8 insurance contracts ($89,335 in commissions, $29,467 in fees), with HUB International receiving the largest share.

Is Sodecia North America'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 Priority Health.

How does Sodecia North America's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Sodecia North America 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.

Get the full write-up

Send the full findings to your inbox.

A specialist writes up every finding for Sodecia North America with the methodology and public-source citations, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.

We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.

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.