The Ken Bratney Company
Updated Filing received by DOL
The Ken Bratney Company, a wholesale trade employer in Urbandale, Iowa, reported 115 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 6 insurance contracts with no premium reported and $8,895 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on April 20, 2026, before the deadline.
Who was paid on The Ken Bratney Company'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 Ken Bratney Company filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Holmes Murphy · Des Moines, IA | $6,538 | $0 | $6,538 | 4 |
| Avant Speciality Benefits LLC · Kansas City, MO | $2,357 | $0 | $2,357 | 3 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "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 |
|---|---|---|---|---|
| Wellmark Blue Cross and Blue Shield of Iowahealth, prescription drug, PPO | 57 | — | — | — |
| Wellmark Health Plan of Iowahealth, prescription drug, HMO | 10 | — | — | — |
| Reliance Standard Life Insurance Companylife | 99 | — | $2,021 | — |
| Reliance Standard Life Insurance Companylong-term disability | 99 | — | $4,238 | — |
| Metropolitan Life Insurance Companyvision | 315 | — | $1,214 | — |
| Reliance Standard Life Insurance Companylife | 22 | — | $1,422 | — |
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 Ken Bratney Company 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 | 118 | 115 | −2.5% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $9,580 | $8,895 | −7.2% |
| 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 Ken Bratney Company#501 · insurance, general assets | December 31, 2025 | April 20, 2026 | before deadline | 115 |
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 Ken Bratney Company pay in health insurance broker commissions in 2025?
The Ken Bratney Company's 2025 Form 5500 reports $8,895 in broker commissions and fees across 6 insurance contracts ($8,895 in commissions, $0 in fees), with Holmes Murphy receiving the largest share.
Is The Ken Bratney Company's health plan self-funded or fully insured?
The 2025 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Wellmark Blue Cross and Blue Shield of Iowa, Wellmark Health Plan of Iowa.
How does The Ken Bratney Company's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for The Ken Bratney Company because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 100-199 participants that disclosed broker pay reported a median of $53,852.
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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.