Preferred Benefit Concepts
Preferred Benefit Concepts collected $128,800 in commissions and fees from 5 employer health plans in plan year 2024 filings, ranking #2748 among 12,126 brokers named in the public record. Most of its named clients are in Minnesota.
Largest clients
Employers whose filings reported the most compensation to this broker.
| Employer | Paid to broker | Participants |
|---|---|---|
| Shakopee Mdewakanton Sioux Community · Minnesota | $53,249 | 2,553 |
| Apogee Enterprises, Inc. C/O Tracy Thompson · Minnesota | $43,566 | 6,030 |
| National Presto Industries Inc · Wisconsin | $30,191 | 769 |
| Lower Sioux Indian Community Jackpot Junction Casino Hotel · Minnesota | $1,782 | 637 |
| American Public Media Group · Minnesota | $12 | 649 |
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 Preferred Benefit Concepts earn from employer health plans?
In plan year 2024 filings, employers reported paying Preferred Benefit Concepts $128,800: $52,581 in commissions and $76,219 in fees, across 16 insurance contracts at 5 employers. That ranks #2748 of 12,126 brokers in the public record.
What commission rate is paid on plans Preferred Benefit Concepts brokers?
Not enough fully insured medical plans name Preferred Benefit Concepts as the sole broker to compute a stable rate. The national median is 3.8% of premium.
Which employers use Preferred Benefit Concepts?
The largest reported payers in 2024 were Shakopee Mdewakanton Sioux Community, Apogee Enterprises, Inc. C/O Tracy Thompson, National Presto Industries Inc. Minnesota is its biggest state by employer count (4 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.