The Breakers Palm Beach, Inc.
Updated Filing received by DOL
The Breakers Palm Beach, Inc., an accommodation & food services employer in Palm Beach, Florida, reported 1,063 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $12M in insurance premiums across 11 contracts and $133,290 in broker commissions and fees. The plan is self-funded (the employer pays claims itself, with stop-loss coverage from Bluecross Blueshield of S. Carolina). The Department of Labor received the filing on June 22, 2026, 7 days after the extended deadline.
Who was paid on The Breakers Palm Beach, 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 The Breakers Palm Beach, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Marsh McLennan Agency · FT Lauderdale, FL | $75,509 | $0 | $75,509 | 2 |
| Gallagher · Chicago, IL | $39,179 | $0 | $39,179 | 1 |
| Vision Service Plan · Rancho Cordova, CA | $0 | $13,641 | $13,641 | 1 |
| Eskra and Associates · Coral Gables, FL | $2,672 | $0 | $2,672 | 1 |
| Finn, Dale · Louisville, KY | $1,205 | $0 | $1,205 | 1 |
| Tyler, Michael Charles · Greenacres, FL | $605 | $0 | $605 | 1 |
| Jennifer Costea · FT Lauderdale, FL | $355 | $0 | $355 | 1 |
| Rose P Sandoval · West Palm Beach, FL | $124 | $0 | $124 | 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 |
|---|---|---|---|---|
| Bluecross Blueshield of S. Carolinastop-loss | 1,096 | $12M | — | — |
| The Hartfordlife, long-term disability | 1,625 | — | $110,769 | — |
| Cigna Dental Health of Missouri, Inc.dental | 1 | — | — | — |
| Cigna Dental Health of Kentucky, Inc.dental | 1 | — | — | — |
| Preferred Legal Plancoverage not coded | 148 | — | $3,919 | — |
| Vision Service Planvision | 889 | — | $13,641 | — |
| Cigna Health and Life Insurance Companydental, indemnity | 1,111 | — | — | — |
| Standard Insurance Companylong-term disability | 12 | — | $4,961 | — |
| Cigna Dental Health of Florida, Inc.dental | 720 | — | — | — |
| Cigna Dental Health of North Carolina, Inc.dental | 1 | — | — | — |
| Cigna Dental Health of Pennsylvania, Inc.dental | 1 | — | — | — |
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 Breakers Palm Beach, 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 | 1,057 | 1,063 | +0.6% |
| Premiums filed | $10,883,722 | $11,675,384 | +7.3% |
| Broker commissions + fees | $139,071 | $133,290 | −4.2% |
| 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 |
|---|---|---|---|---|
| The Breakers Palm Beach, Inc. Health Benefit Plan#701 · filed under DFVCP · insurance, general assets | August 31, 2025 | June 22, 2026 | 7 days late | 1,063 |
| Flexible Spending Account#575 · general assets | December 31, 2024 | May 19, 2025 | before deadline | 205 |
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 Breakers Palm Beach, Inc. pay in health insurance broker commissions in 2024?
The Breakers Palm Beach, Inc.'s 2024 Form 5500 reports $133,290 in broker commissions and fees across 11 insurance contracts ($119,649 in commissions, $13,641 in fees), with Marsh McLennan Agency receiving the largest share.
Is The Breakers Palm Beach, Inc.'s health plan self-funded or fully insured?
The 2024 filing indicates the plan is self-funded (the employer pays claims itself, with stop-loss coverage from Bluecross Blueshield of S. Carolina).
How does The Breakers Palm Beach, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for The Breakers Palm Beach, Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 1,000-4,999 participants that disclosed broker pay reported a median of $168,579.
Send the full findings to your inbox.
A specialist writes up every finding for The Breakers Palm Beach, Inc. with the methodology and public-source citations, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.
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.