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

Swire Pacific Holdings Inc. and Its Affiliates

Manufacturing — food & textile · Draper, Utah · EIN ending 4812

Updated Filing received by DOL a plan year 2025 filing was received July 27, 2026 for 2 of this employer's 3 plans; this record moves to 2025 when all have arrived

Swire Pacific Holdings Inc. and Its Affiliates, a manufacturing — food & textile employer in Draper, Utah, reported 6,669 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $6.3M in insurance premiums across 5 contracts and $1.6M in broker commissions and fees. The plan is self-funded (the employer pays claims itself). The Department of Labor received the filing on July 25, 2025, before the deadline.

Participants
6,669
+11.1% vs 2023
Premiums filed
$6.3M
−15.1% vs 2023
Broker commissions + fees
$1.6M
−23.0% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Swire Pacific Holdings Inc. and Its Affiliates's plan

Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Swire Pacific Holdings Inc. and Its Affiliates filed for 2024.

Broker or agentCommissionsFeesTotalContracts
Gallagher · Metairie, LA$1,180,816$443,319$1,624,1358

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
Standard Insurance Companylife, short-term disability, long-term disability8,084$4.0M$730,71518.4%
Standard Insurance Companylife8,084$2.2M$459,05420.5%
Standard Insurance Companyshort-term disability1,139$71,355$8,89312.5%
Continental American Insurance Companycoverage not coded4,244—$360,587—
Vision Service Planvision4,387—$64,886—

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 Swire Pacific Holdings Inc. and Its Affiliates 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
Swire Pacific Holdings Inc. and Its Affiliates
$1.6M
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

$7.4M$6.3MPremiums$2.1M$1.6MBroker pay20232024
Swire Pacific Holdings Inc. and Its Affiliates: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants6,0036,669+11.1%
Premiums filed$7,391,582$6,277,432−15.1%
Broker commissions + fees$2,110,307$1,624,135−23.0%
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.

PlanPlan year endReceived by DOLTimingParticipants
Swire Pacific Holdings Inc. Active Non-Union Employees Health and Welfare Benefit Plan#505 · insurance, general assetsDecember 31, 2024July 25, 2025before deadline6,669
Swire Pacific Holdings Inc. Union Heath and Welfare Benefit Plan#506 · insurance, general assetsDecember 31, 2024July 25, 2025before deadline1,055
Swire Pacific Holdings Inc. Non-Union Retiree Health and Welfare Benefit Plan#507 · general assetsDecember 31, 2024July 25, 2025before deadline102

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 Swire Pacific Holdings Inc. and Its Affiliates pay in health insurance broker commissions in 2024?

Swire Pacific Holdings Inc. and Its Affiliates's 2024 Form 5500 reports $1,624,135 in broker commissions and fees across 5 insurance contracts ($1,180,816 in commissions, $443,319 in fees), with Gallagher receiving the largest share.

Is Swire Pacific Holdings Inc. and Its Affiliates's health plan self-funded or fully insured?

The 2024 filing indicates the plan is self-funded (the employer pays claims itself).

How does Swire Pacific Holdings Inc. and Its Affiliates's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Swire Pacific Holdings Inc. and Its Affiliates because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.

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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.