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

Pharos Employee Benefits Inc

Eagan, MN

Pharos Employee Benefits Inc collected $90,845 in commissions and fees from 5 employer health plans in plan year 2024 filings, ranking #3623 among 12,126 brokers named in the public record. Most of its named clients are in Minnesota.

Commissions + fees
$90,845
$79,675 commissions · $11,170 fees
Employer plans
5
21 contracts
Rank
#3623
top 30% 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
Universal Services Telecommunications Technicians LLC · Minnesota$32,748228
WBL Auto Company, LLC dba Apple Ford White Bear Lake · Minnesota$23,294179
Valley Apple Ford, Inc · Minnesota$15,120473
Adams Pest Control, Inc. · Minnesota$12,858120
Abc of MN Consortium Health Plan · Minnesota$6,825571

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 Pharos Employee Benefits Inc earn from employer health plans?

In plan year 2024 filings, employers reported paying Pharos Employee Benefits Inc $90,845: $79,675 in commissions and $11,170 in fees, across 21 insurance contracts at 5 employers. That ranks #3623 of 12,126 brokers in the public record.

What commission rate is paid on plans Pharos Employee Benefits Inc brokers?

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

Which employers use Pharos Employee Benefits Inc?

The largest reported payers in 2024 were Universal Services Telecommunications Technicians LLC, WBL Auto Company, LLC dba Apple Ford White Bear Lake, Valley Apple Ford, Inc. Minnesota 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.