Vessco Midco Holdings, LLC
Updated Filing received by DOL
Vessco Midco Holdings, LLC, a wholesale trade employer in Chanhassen, Minnesota, reported 619 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $504,864 in insurance premiums across 7 contracts and $263,341 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on September 3, 2025, within the extension window.
Who was paid on Vessco Midco Holdings, 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 Vessco Midco Holdings, LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Lockton · Kansas City, MO | $200,092 | $25,333 | $225,425 | 9 |
| Jennon M. Caruth · Chanhassen, MN | $31,788 | $0 | $31,788 | 2 |
| The Ultimate Software Group, Inc. · Atlanta, GA | $0 | $3,256 | $3,256 | 1 |
| Joseph Huth · White Bear Lake, MN | $2,722 | $0 | $2,722 | 1 |
| Christensen Group, Inc. · Eden Prairie, MN | $235 | $0 | $235 | 3 |
| Lamar L. Reynolds · Dermott, AR | $83 | $0 | $83 | 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. Where Part I rows added up to more than the contract's Schedule A total, they were scaled down to that total. 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 |
|---|---|---|---|---|
| Delta Dental of Minnesotadental | 1,284 | $504,864 | $18,423 | 3.6% |
| Pre-Paid Legal Services dba Legalshieldcoverage not coded | 73 | — | $3,854 | — |
| Unitedhealthcare Insurance Companyhealth, prescription drug | 647 | — | $105,611 | — |
| Vision Service Planvision | 539 | — | $3,045 | — |
| The Guardian Life Insurance Company of Americadental, vision, life, short-term disability, long-term disability | 866 | — | $12,007 | — |
| Lincoln National Life Insurance Companylife, short-term disability, long-term disability | 866 | — | $62,967 | — |
| The Lincoln National Life Insurance Companycoverage not coded | 281 | — | $57,434 | — |
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 Vessco Midco Holdings, 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.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 852 | 619 | −27.3% |
| Premiums filed | $0 | $504,864 | not comparable |
| Broker commissions + fees | $285,095 | $263,341 | −7.6% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
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 |
|---|---|---|---|---|
| Vessco Midco Holdings, LLC Erisa Wrap Plan#503 · insurance, general assets | December 31, 2024 | September 3, 2025 | within extension | 619 |
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 Vessco Midco Holdings, LLC pay in health insurance broker commissions in 2024?
Vessco Midco Holdings, LLC's 2024 Form 5500 reports $263,341 in broker commissions and fees across 7 insurance contracts ($234,548 in commissions, $28,793 in fees), with Lockton receiving the largest share.
Is Vessco Midco Holdings, 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 Unitedhealthcare Insurance Company.
How does Vessco Midco Holdings, LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Vessco Midco Holdings, LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 500-999 participants that disclosed broker pay reported a median of $104,902.
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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.