BenefitsLedger
Employer health plan record · Plan year 2025 (latest filing) · Form 5500

United Electric Company L.P.

Manufacturing — metal, equipment, transportation · Wichita Falls, Texas · EIN ending 0740

Updated Filing received by DOL

United Electric Company L.P., a manufacturing — metal, equipment, transportation employer in Wichita Falls, Texas, reported 125 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 5 insurance contracts with no premium reported and $84,691 in broker commissions and fees. The plan is fully insured (an insurance carrier pays claims). The Department of Labor received the filing on June 22, 2026, before the deadline.

Participants
125
+13.6% vs 2024
Premiums filed
none
premium not reported on 2 medical contracts
Broker commissions + fees
$84,691
−3.7% vs 2024
Commission rate
n/a
needs insured medical premium

Who was paid on United Electric Company L.P.'s plan

Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract United Electric Company L.P. filed for 2025.

Broker or agentCommissionsFeesTotalContracts
Higginbotham · Fort Worth, TX$79,065$2,502$81,5675
Morgan White Limited · Jackson, MS$1,506$0$1,5061
The Cook Group, Inc. · McKinney, TX$1,206$0$1,2061
Marsh McLennan Agency · Lexington, KY$0$412$4121

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 · coverageCoveredPremiumBroker payRate
Health Care Service Corporationhealth, dental152—$61,865—
Amfirsthealth——$5,725—
Dearborn Life Insurance Companyvision95—$1,696—
Symetra Life Insurance Companylife, short-term disability, long-term disability——$14,357—
Symetra Life Insurance Companyindemnity16—$1,048—

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 United Electric Company L.P. 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.

Broker commissions + fees, dollars
United Electric Company L.P.
$84,691
Commission rate, % of medical premium

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

$87,941$84,691Broker pay20242025
United Electric Company L.P.: premiums and broker commissions + fees, 2024 vs 2025
20242025Change
Participants110125+13.6%
Premiums filed$0$0not comparable
Broker commissions + fees$87,941$84,691−3.7%
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.

PlanPlan year endReceived by DOLTimingParticipants
United Electric Company LP dba Magic Aire Health and Welfare Plan#501 · insuranceDecember 31, 2025June 22, 2026before deadline125

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 United Electric Company L.P. pay in health insurance broker commissions in 2025?

United Electric Company L.P.'s 2025 Form 5500 reports $84,691 in broker commissions and fees across 5 insurance contracts ($81,777 in commissions, $2,914 in fees), with Higginbotham receiving the largest share.

Is United Electric Company L.P.'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 Health Care Service Corporation, Amfirst.

How does United Electric Company L.P.'s broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for United Electric Company L.P. 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.