BenefitsLedger
Benefits broker · Plan year 2024 · Form 5500 Schedule A

Bankers Insurance LLC

Glen Allen, VA

Bankers Insurance LLC collected $220,051 in commissions and fees from 6 employer health plans in plan year 2024 filings, ranking #1797 among 12,126 brokers named in the public record. Most of its named clients are in Virginia.

Commissions + fees
$220,051
$218,747 commissions · $1,304 fees
Employer plans
6
15 contracts
Rank
#1797
top 15% of 12,126 brokers
Median rate
n/a
fewer than 10 insured medical plans

Largest clients

Employers whose filings reported the most compensation to this broker.

EmployerPaid to brokerParticipants
First Bancorp · North Carolina$134,8681,152
John Marshall Bank · Virginia$31,975105
Ebi, LLC · Virginia$26,506213
First Community Bankshares, Inc. · Virginia$18,062648
Amthor International, Inc. · New York$7,172115
The Country Club of Virginia · Virginia$1,468289

Source: DOL Form 5500 Schedule A Part I, plan year 2024, grouped by broker name as filed. Dataset built October 24, 2026.

Where its clients are

Employer plans naming this broker, by employer state.

4 plans
1 plans

How much does Bankers Insurance LLC earn from employer health plans?

In plan year 2024 filings, employers reported paying Bankers Insurance LLC $220,051: $218,747 in commissions and $1,304 in fees, across 15 insurance contracts at 6 employers. That ranks #1797 of 12,126 brokers in the public record.

What commission rate is paid on plans Bankers Insurance LLC brokers?

Not enough fully insured medical plans name Bankers Insurance LLC as the sole broker to compute a stable rate. The national median is 3.8% of premium.

Which employers use Bankers Insurance LLC?

The largest reported payers in 2024 were First Bancorp, John Marshall Bank, Ebi, LLC. Virginia is its biggest state by employer count (4 plans).

Amounts are what employers reported on their own filings. They do not include compensation from carriers that is not tied to a specific contract, and names are grouped exactly as filed, so related entities can appear separately. How this record is built.

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