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

Bga Financial

Auburn, ME

Bga Financial collected $119,742 in commissions and fees from 2 employer health plans in plan year 2024 filings, ranking #2910 among 12,126 brokers named in the public record. Most of its named clients are in Maine.

Commissions + fees
$119,742
$105,934 commissions · $13,808 fees
Employer plans
2
3 contracts
Rank
#2910
top 24% 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
Pleasant River Lumber Co · Maine$72,345691
Butler Brother Supply Division, LLC · Maine$47,397176

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.

2 plans

How much does Bga Financial earn from employer health plans?

In plan year 2024 filings, employers reported paying Bga Financial $119,742: $105,934 in commissions and $13,808 in fees, across 3 insurance contracts at 2 employers. That ranks #2910 of 12,126 brokers in the public record.

What commission rate is paid on plans Bga Financial brokers?

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

Which employers use Bga Financial?

The largest reported payers in 2024 were Pleasant River Lumber Co, Butler Brother Supply Division, LLC. Maine is its biggest state by employer count (2 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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A WellthCare benefits specialist reads your Form 5500 the way a fiduciary reviewer would and writes up what to take to your broker before renewal. Free, from the public record only.