Young Holding, Inc.
Updated Filing received by DOL
Young Holding, Inc., a retail — general merchandise, sporting goods employer in Spartanburg, South Carolina, reported 122 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows 7 insurance contracts with no premium reported and $68,295 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on February 11, 2026, before the deadline.
Who was paid on Young Holding, Inc.'s plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Young Holding, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Steinberg & Associates, Inc · Spartanburg, SC | $45,440 | $0 | $45,440 | 1 |
| Marsh McLennan Agency · Roanoke, VA | $21,409 | $1,446 | $22,855 | 6 |
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 |
|---|---|---|---|---|
| Blue Cross and Blue Shield of South Carolinahealth, prescription drug | 89 | — | $45,440 | — |
| The Lincoln National Life Insurance Companydental | 91 | — | $2,456 | — |
| The Lincoln National Life Insurance Companylife | 140 | — | $3,796 | — |
| The Lincoln National Life Insurance Companylife | 64 | — | $1,095 | — |
| The Lincoln National Life Insurance Companylife | 64 | — | $155 | — |
| The Lincoln National Life Insurance Companylong-term disability | 122 | — | $13,793 | — |
| Eyemed Vision Care Obo the Fidelity Security Life Insurance Companyvision | 116 | — | $1,560 | — |
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 Young Holding, Inc. 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 |
|---|---|---|---|---|
| Young Holding, Inc. Health & Welfare Benefit Plan#501 · insurance, general assets | July 31, 2025 | February 11, 2026 | before deadline | 122 |
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 Young Holding, Inc. pay in health insurance broker commissions in 2024?
Young Holding, Inc.'s 2024 Form 5500 reports $68,295 in broker commissions and fees across 7 insurance contracts ($66,849 in commissions, $1,446 in fees), with Steinberg & Associates, Inc receiving the largest share.
Is Young Holding, Inc.'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 Blue Cross and Blue Shield of South Carolina.
How does Young Holding, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Young Holding, Inc. 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.