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

GBS Specialty Markets, LLC

Rolling Meadows, IL

GBS Specialty Markets, LLC collected $3.1M in commissions and fees from 10 employer health plans in plan year 2024 filings, ranking #157 among 12,126 brokers named in the public record. Most of its named clients are in Texas.

Commissions + fees
$3.1M
$2.9M commissions · $216,752 fees
Employer plans
10
21 contracts
Rank
#157
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
ADP Totalsource, Inc. · Florida$2,883,981552,196
Alamo Group USA, Inc. · Texas$134,2242,369
Brown & Root Industrial Services, LLC · Louisiana$19,4949,037
Hallmark Financial Services, Inc. · Texas$17,586519
The Rose · Texas$9,211134
Youth and Family Alliance · Texas$4,847181
Trifecta Oilfield Services LLC · Texas$2,472164
Touchstone Communities · Texas$2211,888
Ubeo, LLC · Texas$66870
Charah, LLC · Kentucky$0488

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.

7 plans
1 plans
1 plans
1 plans

How much does GBS Specialty Markets, LLC earn from employer health plans?

In plan year 2024 filings, employers reported paying GBS Specialty Markets, LLC $3,072,102: $2,855,350 in commissions and $216,752 in fees, across 21 insurance contracts at 10 employers. That ranks #157 of 12,126 brokers in the public record.

What commission rate is paid on plans GBS Specialty Markets, LLC brokers?

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

Which employers use GBS Specialty Markets, LLC?

The largest reported payers in 2024 were ADP Totalsource, Inc., Alamo Group USA, Inc., Brown & Root Industrial Services, LLC. Texas is its biggest state by employer count (7 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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