What benefits brokers earn
Plan year 2024 · 66,577 filings analyzed · updated 2026-09-10
On insured employer benefit contracts where both premiums and broker pay are reported, the median broker compensation is 5.4% of premiums (46,538 contracts). In total, 206,047 employer benefit plans disclosed $19.8 billion paid to insurance brokers and agents in 2024, costs built into what employers and employees pay for coverage.
Employer benefit plans disclosed $19.8 billion in insurance broker compensation in 2024; the median broker take was 5.4% of premiums. 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: Plan Ledger analysis of DOL Form 5500 Schedule A filings, plan year 2024 (snapshot 2026-09-10). Self-insured plans pay brokers outside premium-based commissions in some cases; direct employer payments to brokers are not reported on Schedule A. Methodology.