Topgolf Callaway Brands Corp
Updated Filing received by DOL
Topgolf Callaway Brands Corp, a manufacturing — metal, equipment, transportation employer in Carlsbad, California, reported 9,936 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 8 insurance contracts with no premium reported and $729,614 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on August 24, 2026, within the extension window.
Who was paid on Topgolf Callaway Brands Corp's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Topgolf Callaway Brands Corp filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Lockton · Dallas, TX | $544,962 | $178,947 | $723,909 | 9 |
| HUB International · San Diego, CA | $4,290 | $1,033 | $5,323 | 2 |
| Willis Towers Watson · La Jolla, CA | $28 | $323 | $351 | 1 |
| Alliant Insurance Services · Irvine, CA | $0 | $31 | $31 | 1 |
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 |
|---|---|---|---|---|
| Kaiser Foundation Health Plan, Inc.health, prescription drug, HMO | 64 | — | — | — |
| Hawaii Medical Service Associationhealth, dental, vision, HMO | 38 | — | — | — |
| Metropolitan Life Insurance Companydental | 9,531 | — | $428,888 | — |
| Provident Life and Accident Insurance Companylong-term disability | 17 | — | $7,522 | — |
| Federal Insurance Companycoverage not coded | 10,099 | — | $6,692 | — |
| Continental American Insurance Companylife, short-term disability, long-term disability | 27,262 | — | $269,088 | — |
| Metlife Legal Planscoverage not coded | 818 | — | $17,424 | — |
| Vision Service Planvision | 5,042 | — | — | — |
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 Topgolf Callaway Brands Corp 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 | 12,295 | 9,936 | −19.2% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $425,508 | $729,614 | +71.5% |
| 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 |
|---|---|---|---|---|
| Topgolf Callaway Brands Corp Welfare Plan#501 · insurance, general assets | December 31, 2025 | August 24, 2026 | within extension | 9,936 |
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 Topgolf Callaway Brands Corp pay in health insurance broker commissions in 2025?
Topgolf Callaway Brands Corp's 2025 Form 5500 reports $729,614 in broker commissions and fees across 8 insurance contracts ($549,280 in commissions, $180,334 in fees), with Lockton receiving the largest share.
Is Topgolf Callaway Brands Corp'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 Kaiser Foundation Health Plan, Inc., Hawaii Medical Service Association.
How does Topgolf Callaway Brands Corp's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Topgolf Callaway Brands Corp because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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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.