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

Palomar Insurance Corporation

Montgomery, AL

Palomar Insurance Corporation collected $312,631 in commissions and fees from 5 employer health plans in plan year 2024 filings, ranking #1317 among 12,126 brokers named in the public record. Most of its named clients are in Alabama.

Commissions + fees
$312,631
$312,631 commissions · $0 fees
Employer plans
5
13 contracts
Rank
#1317
top 11% 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
Mobis-Alabama, LLC · Alabama$181,5362,477
Baldwin County Electric Membership Corporation · Alabama$49,063280
Haynes Management Services, Inc. · Alabama$44,620278
Thermalex, Inc. · Alabama$28,688103
Warren Averett Companies LLC · Alabama$8,724750

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.

5 plans

How much does Palomar Insurance Corporation earn from employer health plans?

In plan year 2024 filings, employers reported paying Palomar Insurance Corporation $312,631: $312,631 in commissions and $0 in fees, across 13 insurance contracts at 5 employers. That ranks #1317 of 12,126 brokers in the public record.

What commission rate is paid on plans Palomar Insurance Corporation brokers?

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

Which employers use Palomar Insurance Corporation?

The largest reported payers in 2024 were Mobis-Alabama, LLC, Baldwin County Electric Membership Corporation, Haynes Management Services, Inc.. Alabama is its biggest state by employer count (5 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.