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

Popular Risk Services LLC

San Juan, PR

Popular Risk Services LLC collected $552,955 in commissions and fees from 10 employer health plans in plan year 2024 filings, ranking #816 among 12,126 brokers named in the public record. Most of its named clients are in Puerto Rico.

Commissions + fees
$552,955
$549,996 commissions · $2,959 fees
Employer plans
10
18 contracts
Rank
#816
top 7% 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
Popular, Inc. · Puerto Rico$224,7087,883
GFR Services LLC · Puerto Rico$90,377330
Neomed Center Inc. · Puerto Rico$63,330311
Eaton Intelligent Power Limited · Texas$61,1251,683
RSM Puerto Rico · Puerto Rico$52,433162
Atento Puerto Rico Health Plan · Puerto Rico$25,108211
GFR Media LLC · Puerto Rico$16,879116
Teamsters Union Health and Welfare Fund Trust · Puerto Rico$9,522713
Popular Bank · New York$6,054759
Connect Road Assist LLC · Puerto Rico$3,419166

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.

1 plans
1 plans

How much does Popular Risk Services LLC earn from employer health plans?

In plan year 2024 filings, employers reported paying Popular Risk Services LLC $552,955: $549,996 in commissions and $2,959 in fees, across 18 insurance contracts at 10 employers. That ranks #816 of 12,126 brokers in the public record.

What commission rate is paid on plans Popular Risk Services LLC brokers?

Not enough fully insured medical plans name Popular Risk Services LLC as the sole broker to compute a stable rate. The national median is 3.8% of premium.

Which employers use Popular Risk Services LLC?

The largest reported payers in 2024 were Popular, Inc., GFR Services LLC, Neomed Center Inc.. Puerto Rico 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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