The Breeden Company, Inc.
Updated Filing received by DOL
The Breeden Company, Inc., a real estate & rental employer in Virginia Beach, Virginia, reported 423 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 6 insurance contracts with no premium reported and $145,062 in broker commissions and fees. The plan is fully insured (an insurance carrier pays claims). The Department of Labor received the filing on May 27, 2026, before the deadline.
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 |
|---|---|---|---|---|
| United of Omaha Life Insurance Companylife, short-term disability, long-term disability | 365 | — | $30,408 | — |
| Eyemed Vision Carevision | 245 | — | $3,285 | — |
| Sentara Health Planhealth | 88 | — | $32,113 | — |
| Sentara Health Planhealth | 172 | — | $53,776 | — |
| Shic PPOhealth, PPO | 45 | — | $12,144 | — |
| United Concordia Insurance Companydental | 271 | — | $13,336 | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How The Breeden Company, 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
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 380 | 423 | +11.3% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $117,376 | $145,062 | +23.6% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2024 and 2025.
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 Breeden Company, Inc. Health and Welfare Benefit Plan#501 · insurance | February 28, 2026 | May 27, 2026 | before deadline | 423 |
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 Breeden Company, Inc. pay in health insurance broker commissions in 2025?
The Breeden Company, Inc.'s 2025 Form 5500 reports $145,062 in broker commissions and fees across 6 insurance contracts ($145,062 in commissions, $0 in fees).
Is The Breeden Company, Inc.'s health plan self-funded or fully insured?
The 2025 filing indicates the plan is fully insured (an insurance carrier pays claims). Medical coverage is written by Sentara Health Plan, Shic PPO.
How does The Breeden Company, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for The Breeden Company, Inc. 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.