Thinklab Ventures Ii, LLC
Updated Filing received by DOL
Thinklab Ventures Ii, LLC, a finance & insurance employer in Opa Locka, Florida, reported 188 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 3 insurance contracts with no premium reported and $17,073 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 30, 2026, before the deadline.
Who was paid on Thinklab Ventures Ii, LLC's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Thinklab Ventures Ii, LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Marsh McLennan Agency · Saddle Brook, NJ | $13,402 | $208 | $13,610 | 3 |
| DSM Financial · Boca Raton, FL | $2,805 | $0 | $2,805 | 1 |
| The Nia Group · Conshohocken, PA | $0 | $658 | $658 | 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 |
|---|---|---|---|---|
| Aetna Life Insurance Companyhealth, dental, vision, prescription drug | 166 | — | $1,068 | — |
| Fidelity Security Life Insurance Companycoverage not coded | 87 | — | $8,817 | — |
| Life Insurance Company of North Americalife, short-term disability, long-term disability | 166 | — | $7,188 | — |
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 Thinklab Ventures Ii, LLC 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.
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 |
|---|---|---|---|---|
| Thinklab Ventures Ii, LLC Health and Welfare Plan#501 · insurance, general assets | September 30, 2025 | April 30, 2026 | before deadline | 188 |
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 Thinklab Ventures Ii, LLC pay in health insurance broker commissions in 2024?
Thinklab Ventures Ii, LLC's 2024 Form 5500 reports $17,073 in broker commissions and fees across 3 insurance contracts ($16,207 in commissions, $866 in fees), with Marsh McLennan Agency receiving the largest share.
Is Thinklab Ventures Ii, LLC'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 Aetna Life Insurance Company.
How does Thinklab Ventures Ii, LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Thinklab Ventures Ii, LLC 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.