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

GBS Benefits Inc

South Salt Lake, UT

GBS Benefits Inc collected $14M in commissions and fees from 159 employer health plans in plan year 2024 filings, ranking #42 among 12,126 brokers named in the public record. Most of its named clients are in Utah.

Commissions + fees
$14M
$11M commissions · $3.2M fees
Employer plans
159
586 contracts
Rank
#42
top 1% 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
Skywest, Inc · Utah$1,033,17514,549
Extra Space Management, Inc. · Utah$615,0846,742
Lgaa, LLC · Utah$569,4202,686
Qualtrics, LLC · Utah$356,5163,135
The Wireline Group, Inc. · Texas$348,201249
Liveview Technologies · Utah$300,970552
Grant Thornton Advisors LLC · Illinois$296,1097,788
Helix Electric, Inc. · California$287,3752,025
Apartment Management Consultants · Utah$270,9932,363
Ubta-Ubet Communications, Inc dba Strata Networks · Utah$255,560337
Dyno Nobel Inc. · Utah$242,8281,885
Woodgrain Inc. · Idaho$226,1969,182
Angel Studios, Inc · Utah$213,931232
MPC Call Support Services, LLC · Texas$188,028290
Summit Physician Specialists · Utah$187,148111
Best Friends Animal Society · Utah$181,656882
Honeyville, Inc. · Utah$175,039370
Suncrest Health Services LLC · Utah$173,0661,508
R&O Construction · Utah$161,939141
Truhearing, Inc. Employee Benefit Plan · Utah$154,402416
Sycamore Brokerage, LLC · Colorado$154,109221
Christopherson Andavo Travel, LP · Utah$153,951266
Concurrent Hro, LLC · Colorado$152,2702,426
Children's Miracle Network Hospital · Utah$150,761168
Progressive Behavior Systems, Inc. · Idaho$149,620105

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.

120 plans
8 plans
8 plans
7 plans
4 plans
2 plans
2 plans
2 plans

How much does GBS Benefits Inc earn from employer health plans?

In plan year 2024 filings, employers reported paying GBS Benefits Inc $14,411,854: $11,216,744 in commissions and $3,195,110 in fees, across 586 insurance contracts at 159 employers. That ranks #42 of 12,126 brokers in the public record.

What commission rate is paid on plans GBS Benefits Inc brokers?

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

Which employers use GBS Benefits Inc?

The largest reported payers in 2024 were Skywest, Inc, Extra Space Management, Inc., Lgaa, LLC. Utah is its biggest state by employer count (120 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.