The Andrew W. Mellon Foundation
Updated Filing received by DOL a plan year 2025 filing was received June 30, 2026 for 1 of this employer's 2 plans; this record moves to 2025 when all have arrived
The Andrew W. Mellon Foundation, an other services employer in New York, New York, reported 276 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $4.6M in insurance premiums across 8 contracts and $390,001 in broker commissions and fees, 8.0% 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 10, 2025, within the extension window.
Who was paid on The Andrew W. Mellon Foundation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract The Andrew W. Mellon Foundation filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Marsh McLennan Agency · Conshohocken, PA | $35,509 | $233,324 | $268,833 | 3 |
| Centerstone Ins & Fin Ser · Dallas, TX | $0 | $120,702 | $120,702 | 1 |
| Mercer · New York, NY | $466 | $0 | $466 | 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 |
|---|---|---|---|---|
| Cigna Health and Life Insurance Companyhealth, dental, vision, prescription drug | 296 | $4.6M | $364,692 | 8.0% |
| Aetna Life Insurance Companyprescription drug, PPO | 4 | — | — | — |
| Aetna Life Insurance Companydental | 8 | — | — | — |
| Lifeworks (US) LTD.coverage not coded | 185 | — | — | — |
| National Union Fire Insurance Company of Pittsburgh, PA.coverage not coded | 185 | — | $466 | — |
| Magellan Healthcarecoverage not coded | 251 | — | — | — |
| Companion Life Insurance Companylife | 185 | — | $9,907 | — |
| Mutual of Omaha Insurance Companylong-term disability | 186 | — | $14,936 | — |
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 The Andrew W. Mellon Foundation 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: $15,404 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 | 250 | 276 | +10.4% |
| Premiums filed | $4,168,879 | $4,559,551 | +9.4% |
| Broker commissions + fees | $351,659 | $390,001 | +10.9% |
| Commission rate | 7.9% | 8.0% | +0.1 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 |
|---|---|---|---|---|
| Emeriti Retiree Health Plan for the Andrew W. Mellon Foundation#502 · insurance, trust | December 31, 2024 | October 10, 2025 | within extension | 276 |
| The Andrew W. Mellon Foundation Health and Welfare Plan#501 · insurance, general assets | December 31, 2024 | August 7, 2025 | within extension | 185 |
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 The Andrew W. Mellon Foundation pay in health insurance broker commissions in 2024?
The Andrew W. Mellon Foundation's 2024 Form 5500 reports $390,001 in broker commissions and fees across 8 insurance contracts ($35,975 in commissions, $354,026 in fees), with Marsh McLennan Agency receiving the largest share.
Is The Andrew W. Mellon Foundation'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 Cigna Health and Life Insurance Company.
How does The Andrew W. Mellon Foundation's broker compensation compare with similar employers?
The Andrew W. Mellon Foundation paid 8.0% of medical premium in commissions and fees. The median for employers with 200-499 participants is 3.6%, and the median in New York is 3.7%. 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.