BSP Group Benefits Inc.
BSP Group Benefits Inc. collected $35,363 in commissions and fees from 5 employer health plans in plan year 2024 filings, ranking #6380 among 12,126 brokers named in the public record. Most of its named clients are in Illinois.
Largest clients
Employers whose filings reported the most compensation to this broker.
| Employer | Paid to broker | Participants |
|---|---|---|
| Teamsters Local Union No. 727 Health and Welfare Fund · Illinois | $10,673 | 4,469 |
| Fay Servicing, LLC · Florida | $9,535 | 762 |
| Human Kinetics Inc · Illinois | $8,678 | 158 |
| Legacy Professionals LLP C/O Craig Resch · Illinois | $5,870 | 107 |
| Cardinal Intellectual Property, Inc. · Illinois | $607 | 172 |
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.
How much does BSP Group Benefits Inc. earn from employer health plans?
In plan year 2024 filings, employers reported paying BSP Group Benefits Inc. $35,363: $35,363 in commissions and $0 in fees, across 6 insurance contracts at 5 employers. That ranks #6380 of 12,126 brokers in the public record.
What commission rate is paid on plans BSP Group Benefits Inc. brokers?
Not enough fully insured medical plans name BSP Group Benefits Inc. as the sole broker to compute a stable rate. The national median is 3.8% of premium.
Which employers use BSP Group Benefits Inc.?
The largest reported payers in 2024 were Teamsters Local Union No. 727 Health and Welfare Fund, Fay Servicing, LLC, Human Kinetics Inc. Illinois 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.