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

Hazar Financial Services, LLC

Kensington, MD

Hazar Financial Services, LLC collected $161,017 in commissions and fees from 1 employer health plans in plan year 2024 filings, ranking #2308 among 12,126 brokers named in the public record. Most of its named clients are in Pennsylvania.

Commissions + fees
$161,017
$24,731 commissions · $136,286 fees
Employer plans
1
2 contracts
Rank
#2308
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
American Chrome & Chemicals · Pennsylvania$161,017160

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 Hazar Financial Services, LLC earn from employer health plans?

In plan year 2024 filings, employers reported paying Hazar Financial Services, LLC $161,017: $24,731 in commissions and $136,286 in fees, across 2 insurance contracts at 1 employers. That ranks #2308 of 12,126 brokers in the public record.

What commission rate is paid on plans Hazar Financial Services, LLC brokers?

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

Which employers use Hazar Financial Services, LLC?

The largest reported payers in 2024 were American Chrome & Chemicals. Pennsylvania is its biggest state by employer count (1 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.