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

PFG Benefits, Inc.

Needham, MA

PFG Benefits, Inc. collected $194,042 in commissions and fees from 8 employer health plans in plan year 2024 filings, ranking #1973 among 12,126 brokers named in the public record. Most of its named clients are in Massachusetts.

Commissions + fees
$194,042
$140,379 commissions · $53,663 fees
Employer plans
8
13 contracts
Rank
#1973
top 16% 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
Ophthalmic Consultants of Boston, Inc. · Massachusetts$133,803688
Justice Resource Institute, Inc. · Massachusetts$18,6571,868
Museum of Fine Arts Boston · Massachusetts$16,422437
Florence Electric LLC · Massachusetts$11,182175
Walsh Brothers, Inc. · Massachusetts$10,580118
Peabody Properties, Inc. · Massachusetts$1,367466
Celldex Therapeutics, Inc. · Massachusetts$1,262160
Village Motors, Inc. · Massachusetts$769218

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 PFG Benefits, Inc. earn from employer health plans?

In plan year 2024 filings, employers reported paying PFG Benefits, Inc. $194,042: $140,379 in commissions and $53,663 in fees, across 13 insurance contracts at 8 employers. That ranks #1973 of 12,126 brokers in the public record.

What commission rate is paid on plans PFG Benefits, Inc. brokers?

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

Which employers use PFG Benefits, Inc.?

The largest reported payers in 2024 were Ophthalmic Consultants of Boston, Inc., Justice Resource Institute, Inc., Museum of Fine Arts Boston. Massachusetts is its biggest state by employer count (8 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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