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

Health Plans Inc. dba Health Plans

Westborough, MA

Health Plans Inc. dba Health Plans collected $81,377 in commissions and fees from 2 employer health plans in plan year 2024 filings, ranking #3930 among 12,126 brokers named in the public record. Most of its named clients are in Massachusetts.

Commissions + fees
$81,377
$80,108 commissions · $1,269 fees
Employer plans
2
2 contracts
Rank
#3930
top 32% 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
Penco Corporation · Connecticut$80,108225
Convertible Castle, Inc. dba Bernie and Phyl's · Massachusetts$1,269188

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 Health Plans Inc. dba Health Plans earn from employer health plans?

In plan year 2024 filings, employers reported paying Health Plans Inc. dba Health Plans $81,377: $80,108 in commissions and $1,269 in fees, across 2 insurance contracts at 2 employers. That ranks #3930 of 12,126 brokers in the public record.

What commission rate is paid on plans Health Plans Inc. dba Health Plans brokers?

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

Which employers use Health Plans Inc. dba Health Plans?

The largest reported payers in 2024 were Penco Corporation, Convertible Castle, Inc. dba Bernie and Phyl's. Massachusetts 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.

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