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

Bherd

Des Moines, IA

Bherd collected $393,998 in commissions and fees from 42 employer health plans in plan year 2024 filings, ranking #1069 among 12,126 brokers named in the public record. Most of its named clients are in Iowa.

Commissions + fees
$393,998
$223,359 commissions · $170,639 fees
Employer plans
42
104 contracts
Rank
#1069
top 9% 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
Discovery SL Management, LLC · Florida$72,6276,607
McLaughlin Family Companies, Inc. · Iowa$26,914544
Goodwill Industries of the Heartland · Iowa$24,884271
West Liberty Foods LLC · Iowa$23,3632,065
Arnold Motor Supply, LLP · Iowa$21,838595
Prairie Du Chien Memorial Hospital Association Inc · Wisconsin$20,351267
Russell Group Inc · Iowa$18,806180
Forefront Living · Texas$16,597449
McCarthy Bush Corporation · Iowa$13,932249
Martin Tractor, Inc · Illinois$11,695293
Per Mar Security & Research Corporation · Iowa$11,109409
Empeople Credit Union · Illinois$10,813212
JT Logistics Solutions LLC dba · Iowa$9,877165
Hawkeye Area Community Action Program, Inc. · Iowa$9,591305
MJ Senior Living · Nebraska$8,639100
RS Industries, Inc. · Iowa$8,388411
Co-Line Welding, Inc. · Iowa$7,478343
Midamerica National Bank · Illinois$6,978127
Curbtender Inc · Iowa$6,240132
Precision, Inc. · Iowa$5,977688
Lifeline Foods, LLC · Missouri$5,612166
Brenneman Pork, LLLP · Iowa$4,518215
Ria Federal Credit Union · Iowa$4,230130
Riverhead Resources, LLC · Iowa$4,083107
Community Action of Eastern Iowa · Iowa$4,023138

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.

27 plans
7 plans
2 plans
2 plans
2 plans
1 plans
1 plans

How much does Bherd earn from employer health plans?

In plan year 2024 filings, employers reported paying Bherd $393,998: $223,359 in commissions and $170,639 in fees, across 104 insurance contracts at 42 employers. That ranks #1069 of 12,126 brokers in the public record.

What commission rate is paid on plans Bherd brokers?

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

Which employers use Bherd?

The largest reported payers in 2024 were Discovery SL Management, LLC, McLaughlin Family Companies, Inc., Goodwill Industries of the Heartland. Iowa is its biggest state by employer count (27 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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