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

Financial Service Managers, Inc.

Willowbrook, IL

Financial Service Managers, Inc. collected $100,186 in commissions and fees from 5 employer health plans in plan year 2024 filings, ranking #3352 among 12,126 brokers named in the public record. Most of its named clients are in Illinois.

Commissions + fees
$100,186
$83,648 commissions · $16,538 fees
Employer plans
5
6 contracts
Rank
#3352
top 28% 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
Trinity Services Inc. · Illinois$37,101849
Pilsen Wellness Center · Illinois$21,094480
Quinnox, Inc. · Illinois$15,885148
Ascend Technologies LLC · Illinois$15,257213
Familia Development LLC · Illinois$10,849699

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.

5 plans

How much does Financial Service Managers, Inc. earn from employer health plans?

In plan year 2024 filings, employers reported paying Financial Service Managers, Inc. $100,186: $83,648 in commissions and $16,538 in fees, across 6 insurance contracts at 5 employers. That ranks #3352 of 12,126 brokers in the public record.

What commission rate is paid on plans Financial Service Managers, Inc. brokers?

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

Which employers use Financial Service Managers, Inc.?

The largest reported payers in 2024 were Trinity Services Inc., Pilsen Wellness Center, Quinnox, Inc.. Illinois is its biggest state by employer count (5 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.

Is this your company's plan? Get a written review of the filing.
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.