Form 5500 Schedule A Override Commissions

[Guest dsw713]

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.

[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.