Sunrise Credit Services, Inc.
Updated Filing received by DOL
Sunrise Credit Services, Inc., an administrative & support services employer in Farmingdale, New York, reported 307 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 4 insurance contracts with no premium reported and $13,770 in broker commissions and fees. The plan is self-funded (the employer pays claims itself). The Department of Labor received the filing on September 15, 2025, before the deadline.
Who was paid on Sunrise Credit Services, 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 Sunrise Credit Services, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Vanguard Ii Inc · Melville, NY | $3,929 | $0 | $3,929 | 3 |
| Emerson Rogers LLC · Blue Bell, PA | $0 | $3,335 | $3,335 | 2 |
| Kathryn Geiss and Other Agents · Huntington, NY | $1,675 | $4 | $1,679 | 1 |
| Vanguard LLC · Melville, NY | $1,575 | $0 | $1,575 | 1 |
| Benedetto V Cracco · Melville, NY | $1,407 | $0 | $1,407 | 1 |
| Degati and Associates Inc · Whitestone, NY | $690 | $16 | $706 | 2 |
| Michael P Destefano · Holbrook, NY | $383 | $0 | $383 | 1 |
| Kober Associates LLC · Beechhurst, NY | $379 | $0 | $379 | 1 |
| Richard Peterson · Centerport, NY | $312 | $4 | $316 | 1 |
| Epsix Inc · Scottdale, AZ | $51 | $0 | $51 | 1 |
| Peregrine Consulting LLC · Berwyn, PA | $5 | $0 | $5 | 1 |
| Brendan C Naughton · Holyoke, MA | $3 | $0 | $3 | 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 |
|---|---|---|---|---|
| Equitable Financial Life Insurance Companylife | 279 | — | $2,100 | — |
| Empire Healthchoice Assurance, Inc.dental, vision | 108 | — | $5,620 | — |
| Aflacshort-term disability | 48 | — | $5,887 | — |
| Massachusetts Mutual Life Insurance Companylife | 24 | — | $163 | — |
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 Sunrise Credit Services, 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.
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 | 333 | 307 | −7.8% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $12,636 | $13,770 | +9.0% |
| 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 |
|---|---|---|---|---|
| Sunrise Credit Services, Inc. Health & Welfare#501 · insurance, general assets | February 28, 2025 | September 15, 2025 | before deadline | 307 |
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 Sunrise Credit Services, Inc. pay in health insurance broker commissions in 2024?
Sunrise Credit Services, Inc.'s 2024 Form 5500 reports $13,770 in broker commissions and fees across 4 insurance contracts ($10,412 in commissions, $3,358 in fees), with Vanguard Ii Inc receiving the largest share.
Is Sunrise Credit Services, Inc.'s health plan self-funded or fully insured?
The 2024 filing indicates the plan is self-funded (the employer pays claims itself).
How does Sunrise Credit Services, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Sunrise Credit Services, Inc. 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.