Teleflex Incorporated
Updated Filing received by DOL
Teleflex Incorporated, a manufacturing — metal, equipment, transportation employer in Wayne, Pennsylvania, reported 3,955 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $37M in insurance premiums across 9 contracts and $868,657 in broker commissions and fees, 0.5% 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 October 9, 2025, within the extension window.
Who was paid on Teleflex Incorporated's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Teleflex Incorporated filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Willis Towers Watson · New York, NY | $794,900 | $66,333 | $861,233 | 5 |
| Aon · New York, NY | $5,441 | $0 | $5,441 | 1 |
| Businesssolver.Com, Inc. · West Des Moines, IA | $0 | $1,983 | $1,983 | 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 |
|---|---|---|---|---|
| Independencehealth, vision | 6,799 | $37M | $170,562 | 0.5% |
| Independencehealth | — | $13,126 | — | — |
| Eyemed Vision Carevision | 6,248 | — | — | — |
| Metropolitan Life Insurance Companycoverage not coded | 1,015 | — | $62,383 | — |
| Metropolitan Life Insurance Companycoverage not coded | 2,589 | — | $117,722 | — |
| Hartford Life and Accidentlong-term disability | 3,783 | — | $290,367 | — |
| Hartford Life and Accidentlife | 3,815 | — | $220,199 | — |
| Metlife Legal Planscoverage not coded | 468 | — | $1,983 | — |
| Ace American Insurance Companycoverage not coded | 2 | — | $5,441 | — |
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 Teleflex Incorporated 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: $5,472 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
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 3,795 | 3,955 | +4.2% |
| Premiums filed | $35,612,958 | $37,201,658 | +4.5% |
| Broker commissions + fees | $830,222 | $868,657 | +4.6% |
| Commission rate | 0.5% | 0.5% | −0.0 pts |
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 |
|---|---|---|---|---|
| Teleflex Incorporated Health and Welfare Plan#501 · insurance, general assets | December 31, 2024 | October 9, 2025 | within extension | 3,955 |
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 Teleflex Incorporated pay in health insurance broker commissions in 2024?
Teleflex Incorporated's 2024 Form 5500 reports $868,657 in broker commissions and fees across 9 insurance contracts ($800,341 in commissions, $68,316 in fees), with Willis Towers Watson receiving the largest share.
Is Teleflex Incorporated'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 Independence.
How does Teleflex Incorporated's broker compensation compare with similar employers?
Teleflex Incorporated paid 0.5% of medical premium in commissions and fees. The median for employers with 1,000-4,999 participants is 2.0%, and the median in Pennsylvania is 4.4%. 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.