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

Speedy Management

Accommodation & food services · Lima, Ohio · EIN ending 0590

Updated Filing received by DOL

Speedy Management, an accommodation & food services employer in Lima, Ohio, reported 178 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 4 insurance contracts with no premium reported and $74,030 in broker commissions and fees. The plan is fully insured (an insurance carrier pays claims). The Department of Labor received the filing on October 14, 2025, before the deadline.

Participants
178
+60.4% vs 2023
Premiums filed
none
premium not reported on 1 medical contract
Broker commissions + fees
$74,030
+352.7% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Speedy Management's plan

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

Broker or agentCommissionsFeesTotalContracts
OneDigital · Independence, OH$47,273$9,501$56,7742
Jerry a Lyke & Associates · Canton, OH$4,379$0$4,3791
Wearsch, Daneil$4,106$0$4,1061
Everett, Addison$4,082$0$4,0821
Mosher, Tim J$2,158$0$2,1581
Enrollease · San Francisco, CA$631$0$6311
Brown, Jaylen M$356$0$3561
Bondarevskaia, Anasta$310$0$3101
Simon, Kristin P$193$0$1931
Bishop, Mackenzie E$192$0$1921
Palmer, Evan$192$0$1921
Payne, Sarah$168$0$1681

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
Medical Mutualhealth, prescription drug80—$48,505—
The Guardian Life Insurance Company of Americadental, vision, life147—$8,900—
Hartford Life and Accidentshort-term disability38—$4,379—
Liberty National Life Insurance Companycoverage not coded90—$12,246—

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 Speedy Management 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
Speedy Management
$74,030
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

$16,352$74,030Broker pay20232024
Speedy Management: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants111178+60.4%
Premiums filed$0$0not comparable
Broker commissions + fees$16,352$74,030+352.7%
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
Speedy Management Employee Benefits Plan#501 · insuranceMarch 31, 2025October 14, 2025before deadline178

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 Speedy Management pay in health insurance broker commissions in 2024?

Speedy Management's 2024 Form 5500 reports $74,030 in broker commissions and fees across 4 insurance contracts ($64,529 in commissions, $9,501 in fees), with OneDigital receiving the largest share.

Is Speedy Management's health plan self-funded or fully insured?

The 2024 filing indicates the plan is fully insured (an insurance carrier pays claims). Medical coverage is written by Medical Mutual.

How does Speedy Management's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Speedy Management 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.