Employers paying the most to benefits brokers
Top 100 by insurance broker commissions and fees disclosed · plan year 2024
Why this matters
Broker compensation on employer benefit plans is disclosed on Form 5500 Schedule A but almost never seen by the employees whose coverage funds it. These are the 100 employers whose plans reported the most paid to insurance brokers and agents, out of $19.8 billion disclosed across 206,047 plans.
Top 100 · 2024
1. SEQUOIA ONE PEO, LLC AZ$74.5M
3. RICHARD O ELLENBURG NC$59.0M
4. WALGREEN CO. IL$58.4M
5. FIRST BANK PUERTO RICO PR$58.0M
6. FOSTER POULTRY FARMS CA$49.0M
7. SAGEWELL HEALTHCARE BENEFITS TRUST PA$48.1M
8. BENFIELD ELECTRIC COMPANY, INC. MD$47.3M
9. CHAMPION, INC MI$46.6M
10. CHS/COMMUNITY HEALTH SYSTEMS, INC. TN$45.1M
11. STARBUCKS CORPORATION WA$42.5M
12. GENERAL DYNAMICS CORPORATION VA$39.2M
13. ADP TOTALSOURCE, INC. FL$37.4M
14. ABBOTT, STRINGHAM & LYNCH CA$33.0M
15. CHECK CITY NV$32.5M
16. LOCKHEED MARTIN CORPORATION MD$22.8M
17. DARDEN RESTAURANTS, INC. FL$22.5M
18. G&A OUTSOURCING, INC. TX$21.7M
19. RIPPLING PEO 1, INC. CA$19.7M
20. G&A OUTSOURCING, INC. DBA G&A PARTNERS TX$19.4M
21. AECOM TX$18.9M
22. RELX INC. NY$18.7M
23. STEELWORKERS HEALTH AND WELFARE FUND PA$18.7M
24. JBS USA FOOD COMPANY HOLDINGS CO$18.4M
25. UNIVERSAL SERVICES OF AMERICA, LP CA$17.7M
26. LOWES COMPANIES, INC. NC$17.4M
27. PRISMA HEALTH SC$17.0M
28. ALLEGIS GROUP, INC. MD$16.2M
29. AMAZON.COM SERVICES, LLC WA$15.8M
30. TATA AMERICA INTERNATIONAL CORPORATION NY$15.6M
32. TYSON FOODS, INC. AR$15.2M
33. BANNER HEALTH AZ$14.7M
34. DAVITA INC. CO$14.2M
35. PAYCHEX BUSINESS SOLUTIONS LLC FL$14.1M
36. RESOURCING EDGE I, LLC TX$13.7M
37. AUTOZONE, INC. TN$13.4M
38. TESLA, INC. CA$13.3M
39. FLORIDA HEALTH SCIENCES CENTER, INC. FL$13.0M
40. EMPRESAS FONALLEDAS INC PR$12.6M
41. HUNTINGTON INGALLS INDUSTRIES, INC. VA$12.2M
42. NATIONAL MEDICAL CARE, INC. MA$12.1M
43. MACY'S, INC. OH$12.0M
44. NEW YORK STATE UNITED TEACHERS NY$12.0M
45. PIEDMONT HEALTHCARE, INC. GA$11.4M
46. THOMAS JEFFERSON UNIVERSITY PA$11.3M
47. DENSO INTERNATIONAL AMERICA, INC. MI$11.3M
48. ACADEMIC MEDICAL GROUP FL$11.2M
49. MASS GENERAL BRIGHAM INCORPORATED MA$11.2M
50. BOARD OF TRUSTEES OF THE MLB LWIP NY$11.2M
51. COADVANTAGE RESOURCES INC FL$11.1M
52. AON CORPORATION IL$11.0M
53. RME LTD. LLC CO$10.9M
54. BROWN & BROWN, INC. FL$10.6M
55. PLASTIC PRODUCTS COMPANY, INC. MN$10.5M
56. QSR SERVICES, LLC IL$10.3M
57. ENCOMPASS HEALTH CORPORATION AL$10.2M
58. RICOH USA, INC. PA$10.1M
59. MBA GROUP INSURANCE TRUST WA$10.0M
60. QUESTCO HOLDINGS, INC. TX$10.0M
61. STEWARD HEALTH CARE SYSTEM LLC TX$10.0M
62. SANFORD ND$9.9M
63. INSPERITY HOLDINGS, INC. TX$9.8M
64. FMR LLC MA$9.8M
65. VISIONARY PRACTICE MANAGEMENT SERVICES, LLC TX$9.7M
66. NORTON HEALTHCARE, INC. DEPARTMENT KY$9.7M
67. THE PERMANENTE MEDICAL GROUP, INC. CA$9.6M
68. HOUSING AUTHORITY OF THE CITY OF TULSA OK$9.6M
69. UNITED AIRLINES, INC. IL$9.4M
70. PAN AMERICAN GRAIN MANUFACTURING CO INC PR$9.3M
72. TRUIST FINANCIAL CORPORATION NC$9.1M
73. MEDTRONIC MN$9.1M
74. JUSTWORKS EMPLOYMENT GROUP LLC NY$8.9M
75. HTC GLOBAL SERVICES, INC. MI$8.8M
76. EXPRESS EMPLOYMENT PROFESSIONALS OK$8.8M
77. HUB GROUP, INC. IL$8.6M
78. VENSURE EMPLOYER SERVICES, INC. AZ$8.6M
79. UNIVERSAL HEALTH SERVICES, INC. PA$8.5M
80. THE S2 HR SOLUTIONS GROUP 1, LLC FL$8.5M
81. SLALOM, INC. WA$8.5M
82. CATERPILLAR INC. TX$8.4M
83. DOLLAR GENERAL CORPORATION TN$8.2M
84. CITIGROUP INC. CT$8.0M
85. THE LASALLE NETWORK IL$8.0M
86. MAINE EDUCATION ASSOCIATION ME$8.0M
87. 7-ELEVEN, INC TX$7.9M
88. EGLIN FEDERAL CREDIT UNION FL$7.8M
89. LIFEPOINT HEALTH, INC. TN$7.7M
90. NORTHROP GRUMMAN CORPORATION VA$7.7M
91. COMPASS GROUP USA, INC. NC$7.7M
92. UPMC PA$7.7M
93. LOVE'S TRAVEL STOPS & COUNTRY STORES OK$7.7M
94. SHAW INDUSTRIES GROUP, INC. GA$7.6M
95. OASIS OUTSOURCING HOLDINGS, INC. FL$7.6M
96. LCS COMMUNITY EMPLOYMENT LLC IA$7.6M
97. HENDERSON NEVADA CHAMBER OF COMMERCE, INC. NV$7.6M
98. HEARTLAND DENTAL, LLC IL$7.6M
99. EXTENSIS GROUP, LLC NJ$7.5M
100. SOUTHERN CALIFORNIA PERMANENTE MEDICAL GROUP CA$7.5M
Cite this figure
The employer benefit plan with the largest disclosed broker compensation paid $74.5M in 2024. Source: Plan Ledger analysis of U.S. Department of Labor Form 5500 filings, plan year 2024. Figures may be republished with attribution and a link. Method: methodology.
Source: DOL Form 5500 Schedule A Part I broker compensation, plan year 2024. Amounts are commissions plus fees as reported by plan sponsors; single-contract values above $100M are treated as filing errors and excluded.