Umb Financial Corporation
Updated Filing received by DOL
Umb Financial Corporation, a finance & insurance employer in Kansas City, Missouri, reported 3,670 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $893,477 in insurance premiums across 14 contracts and $575,171 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 18, 2026, within the extension window.
Who was paid on Umb Financial Corporation's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Umb Financial Corporation filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Lockton · Dallas, TX | $379,942 | $62,118 | $442,060 | 17 |
| Bukaty Companies Inc · Leawood, KS | $128,678 | $4,515 | $133,193 | 5 |
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 |
|---|---|---|---|---|
| Vision Service Planvision | 3,360 | $893,477 | — | — |
| Metropolitan Life Insurance Companycoverage not coded | 2 | — | $4 | — |
| Metlife Legal Planscoverage not coded | 519 | — | $13,744 | — |
| Metropolitan Life Insurance Companylife | 6,154 | — | $157,262 | — |
| Genworth Life Insurance Companycoverage not coded | 200 | — | $34,123 | — |
| Unum Life Insurance Company of Americalong-term disability | 4,916 | — | $67,010 | — |
| Metropolitan Life Insurance Companyhealth | 19 | — | $652 | — |
| Zurich American Insurance Companycoverage not coded | 5,054 | — | — | — |
| Metropolitan Life Insurance Companycoverage not coded | 1,713 | — | $54,919 | — |
| First Unum Life Insurance Companylong-term disability | 22 | — | $163 | — |
| Metropolitan Life Insurance Companydental | 8,118 | — | $165,937 | — |
| Metropolitan Life Insurance Companyhealth | 2,662 | — | $40,348 | — |
| Metropolitan Life Insurance Companyhealth | 1,386 | — | $37,511 | — |
| Genworth Life Insurance Companycoverage not coded | 15 | — | $3,498 | — |
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 Umb Financial Corporation 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 | 3,639 | 3,670 | +0.9% |
| Premiums filed | $594,088 | $893,477 | not comparable |
| Broker commissions + fees | $444,268 | $575,171 | +29.5% |
| 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 |
|---|---|---|---|---|
| Umb Financial Corp. Healthcare Plan#501 · insurance, general assets | December 31, 2025 | August 18, 2026 | within extension | 3,670 |
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 Umb Financial Corporation pay in health insurance broker commissions in 2025?
Umb Financial Corporation's 2025 Form 5500 reports $575,171 in broker commissions and fees across 14 insurance contracts ($508,538 in commissions, $66,633 in fees), with Lockton receiving the largest share.
Is Umb Financial Corporation'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 Metropolitan Life Insurance Company.
How does Umb Financial Corporation's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Umb Financial Corporation 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.
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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.