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

M3 Insurance

Madison, WI

Filed under 5 names, including M3 Ins Solutions Inc; M3 Inusrance Solutions Inc; M3 Insurance Solution, Inc.; M3 Insurace Solutions Inc; M3 Insurance Solution Inc. BenefitsLedger groups a firm's offices together.

M3 Insurance collected $164,116 in commissions and fees from 14 employer health plans in plan year 2024 filings, ranking #2289 among 12,126 brokers named in the public record. Most of its named clients are in Wisconsin.

Commissions + fees
$164,116
$150,237 commissions · $13,879 fees
Employer plans
14
27 contracts
Rank
#2289
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
M3 Insurance Solutions, Inc. · Wisconsin$45,898415
Riesterer & Schnell, Inc. · Wisconsin$41,314324
Impact Confections, Inc. · Illinois$27,756176
Phoenix Investors LLC · Wisconsin$12,067196
First Business Financial Services, Inc. · Wisconsin$9,248345
Port City Bakery, Inc. · Wisconsin$8,225426
Stevens Construction Corp. · Wisconsin$6,492289
Milwaukee School of Engineering · Wisconsin$5,903336
Jacobus Energy, LLC · Wisconsin$3,016403
Ipsen Inc. · Illinois$2,243229
Holiday Wholesale, Inc. · Wisconsin$1,863478
Aqua Finance, Inc. · Wisconsin$59400
Johnsonville LLC · Wisconsin$321,767
Sartori Company · Wisconsin$0743

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.

12 plans
2 plans

How much does M3 Insurance earn from employer health plans?

In plan year 2024 filings, employers reported paying M3 Insurance $164,116: $150,237 in commissions and $13,879 in fees, across 27 insurance contracts at 14 employers. That ranks #2289 of 12,126 brokers in the public record.

What commission rate is paid on plans M3 Insurance brokers?

Not enough fully insured medical plans name M3 Insurance as the sole broker to compute a stable rate. The national median is 3.8% of premium.

Which employers use M3 Insurance?

The largest reported payers in 2024 were M3 Insurance Solutions, Inc., Riesterer & Schnell, Inc., Impact Confections, Inc.. Wisconsin is its biggest state by employer count (12 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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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.