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

GBS Benefits Ins Agency

Salt Lake City, UT

GBS Benefits Ins Agency collected $158,843 in commissions and fees from 7 employer health plans in plan year 2024 filings, ranking #2332 among 12,126 brokers named in the public record. Most of its named clients are in Utah.

Commissions + fees
$158,843
$145,524 commissions · $13,319 fees
Employer plans
7
12 contracts
Rank
#2332
top 19% 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
Woodgrain Inc. · Idaho$112,9039,182
Helix Electric, Inc. · California$24,9832,025
Protegrity USA · Utah$15,871115
Anew Climate · Utah$2,206134
Rheem Manufacturing Company · Georgia$1,8814,605
Magic Valley Growers, LTD. Inc. · Idaho$549223
Honeyville, Inc. · Utah$450370

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.

3 plans
2 plans
1 plans
1 plans

How much does GBS Benefits Ins Agency earn from employer health plans?

In plan year 2024 filings, employers reported paying GBS Benefits Ins Agency $158,843: $145,524 in commissions and $13,319 in fees, across 12 insurance contracts at 7 employers. That ranks #2332 of 12,126 brokers in the public record.

What commission rate is paid on plans GBS Benefits Ins Agency brokers?

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

Which employers use GBS Benefits Ins Agency?

The largest reported payers in 2024 were Woodgrain Inc., Helix Electric, Inc., Protegrity USA. Utah is its biggest state by employer count (3 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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