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Form 5500 Schedule A Override Commissions


Guest dsw713
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Should an insurance paying override commissions to a broker or agency, be reporting these amounts on the Schedule A attachment to the Form 5500? Thanks.

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  • 2 weeks later...
Guest taylorjeff

I've worked for a carrier and as a benefits broker. My experience has been that overrides and bonus payments are not included. I think the general reasoning was these payments are not considered part of the client's specific retention formula, but are paid out of a seperate pool of funds.

Should an insurance paying override commissions to a broker or agency, be reporting these amounts on the Schedule A attachment to the Form 5500? Thanks.
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