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

Marsh McLennan Agency

Conshohocken, PA

Filed under 354 names, including Marsh & McLennan Agency LLC; Marsh and McLennan Agency; Marsh & McLennan Agency, LLC; McGriff Insurance Services Inc; McGriff Insurance Services, Inc.; Marsh & McLennan Agency; and others. BenefitsLedger groups a firm's offices together.

Marsh McLennan Agency collected $528M in commissions and fees from 5,659 employer health plans in plan year 2024 filings, ranking #1 among 12,126 brokers named in the public record. Its median rate on fully insured medical plans was 4.3% of premium, against a national median of 3.8%. Most of its named clients are in California.

Commissions + fees
$528M
$407M commissions · $122M fees
Employer plans
5,659
24,067 contracts
Rank
#1
top 1% of 12,126 brokers
Median rate
4.3%
162 insured medical plans · U.S. median 3.8%

Largest clients

Employers whose filings reported the most compensation to this broker.

EmployerPaid to brokerParticipants
General Dynamics Corporation · Virginia$8,941,81745,056
Valero Energy Corporation · Texas$2,186,8267,789
Quanta Services Management Partnership, L.P. · Texas$1,980,05029,384
Universal Health Services, Inc. · Pennsylvania$1,860,37865,125
Old Dominion Freight Line, Inc. · North Carolina$1,796,47445,248
Pratt Industries, Inc. · Georgia$1,720,6638,931
Select Medical Corporation · Pennsylvania$1,693,15934,669
Truist Financial Corporation · North Carolina$1,657,64653,517
Hub Group, Inc. · Illinois$1,514,3554,279
Nfi Industries, Inc. · New Jersey$1,507,84914,560
The Goodyear Tire & Rubber Company · Ohio$1,457,7177,982
The Moses H. Cone Memorial Hospital Operating Corporation · North Carolina$1,400,47211,307
CVS Pharmacy, Inc · Rhode Island$1,328,504298,847
Lockheed Martin Corporation · Maryland$1,272,261112,559
Marsh & McLennan Agency, LLC · Minnesota$1,218,3351,327
El Camino Hospital · California$1,115,3183,758
Peter Kiewit Sons', Inc. · Nebraska$1,108,92811,101
CSL Behring LLC · Pennsylvania$1,085,33919,420
Ballad Health · Tennessee$1,068,26210,709
Baylor College of Medicine · Texas$1,039,73211,750
Wakemed · North Carolina$998,5999,559
Tokyo Electron U.S. Holdings, Inc. · Texas$995,7572,207
Pultegroup, Inc. · Georgia$976,7275,087
Xpo CNW, Inc. · Oregon$974,54118,871
Senior Lifestyle DC, LLC · Illinois$971,2664,120

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.

665 plans
593 plans
384 plans
376 plans
315 plans
270 plans
253 plans

How much does Marsh McLennan Agency earn from employer health plans?

In plan year 2024 filings, employers reported paying Marsh McLennan Agency $528,459,874: $406,506,309 in commissions and $121,953,565 in fees, across 24,067 insurance contracts at 5,659 employers. That ranks #1 of 12,126 brokers in the public record.

What commission rate is paid on plans Marsh McLennan Agency brokers?

Among 162 fully insured medical plans where Marsh McLennan Agency was the only broker, the median compensation was 4.3% of premium. The national median is 3.8%. Rates are set per plan and depend on carrier, group size and whether the employer pays fees instead of commissions.

Which employers use Marsh McLennan Agency?

The largest reported payers in 2024 were General Dynamics Corporation, Valero Energy Corporation, Quanta Services Management Partnership, L.P.. California is its biggest state by employer count (665 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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