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

Tessco Technologies Incorporated

Wholesale trade · Hunt Valley, Maryland · EIN ending 9657

Updated Filing received by DOL

Tessco Technologies Incorporated, a wholesale trade employer in Hunt Valley, Maryland, reported 470 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 3 insurance contracts with no premium reported and $179,004 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on December 22, 2025, before the deadline.

Participants
470
−6.7% vs 2023
Premiums filed
none
premium not reported on 1 medical contract
Broker commissions + fees
$179,004
+405.3% vs 2023
Commission rate
n/a
needs insured medical premium

Who was paid on Tessco Technologies 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 Tessco Technologies Incorporated filed for 2024.

Broker or agentCommissionsFeesTotalContracts
Aon · Lincolnshire, IL$52,681$74,315$126,9964
The Hilb Group of Maryland · Hunt Valley, MD$25,877$26,131$52,0082

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
Hartford Life and Accidentlife, short-term disability, long-term disability474—$79,060—
Vision Service Planvision294—$111—
Unitedhealthcare Insurance Companyhealth, dental808—$99,833—

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 Tessco Technologies 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.

Broker commissions + fees, dollars
Tessco Technologies Incorporated
$179,004
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

$35,426$179,004Broker pay20232024
Tessco Technologies Incorporated: premiums and broker commissions + fees, 2023 vs 2024
20232024Change
Participants504470−6.7%
Premiums filed$0$0not comparable
Broker commissions + fees$35,426$179,004+405.3%
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
Tessco Technologies Incorporated Welfare Benefits Plan#506 · insurance, general assetsJune 30, 2025December 22, 2025before deadline470

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 Tessco Technologies Incorporated pay in health insurance broker commissions in 2024?

Tessco Technologies Incorporated's 2024 Form 5500 reports $179,004 in broker commissions and fees across 3 insurance contracts ($78,558 in commissions, $100,446 in fees), with Aon receiving the largest share.

Is Tessco Technologies 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 Unitedhealthcare Insurance Company.

How does Tessco Technologies Incorporated's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Tessco Technologies Incorporated 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.