Michael Hand
Michael Hand collected $477,199 in commissions and fees from 8 employer health plans in plan year 2024 filings, ranking #916 among 12,126 brokers named in the public record. Most of its named clients are in California.
Largest clients
Employers whose filings reported the most compensation to this broker.
| Employer | Paid to broker | Participants |
|---|---|---|
| Neuronetics, Inc. · Pennsylvania | $181,922 | 172 |
| Kayne Anderson Capital Advisors, L.P. · California | $128,778 | 350 |
| Sugar Foods Corporation · New York | $105,089 | 920 |
| Mayesh Wholesale Florist, Inc. · California | $21,243 | 391 |
| Axel Johnson Inc. · Connecticut | $14,178 | 1,045 |
| Jacob Stern & Sons, Inc. · California | $11,429 | 150 |
| Jewish Theological Seminary · New York | $10,360 | 106 |
| Mount Saint Marys University · Maryland | $4,200 | 552 |
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 Michael Hand earn from employer health plans?
In plan year 2024 filings, employers reported paying Michael Hand $477,199: $460,875 in commissions and $16,324 in fees, across 47 insurance contracts at 8 employers. That ranks #916 of 12,126 brokers in the public record.
What commission rate is paid on plans Michael Hand brokers?
Not enough fully insured medical plans name Michael Hand as the sole broker to compute a stable rate. The national median is 3.8% of premium.
Which employers use Michael Hand?
The largest reported payers in 2024 were Neuronetics, Inc., Kayne Anderson Capital Advisors, L.P., Sugar Foods Corporation. California is its biggest state by employer count (3 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.