Preferred Benefits LLC
Preferred Benefits LLC collected $1.8M in commissions and fees from 19 employer health plans in plan year 2024 filings, ranking #266 among 12,126 brokers named in the public record. Most of its named clients are in New Jersey.
Largest clients
Employers whose filings reported the most compensation to this broker.
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 Benefits LLC earn from employer health plans?
In plan year 2024 filings, employers reported paying Preferred Benefits LLC $1,782,018: $975,475 in commissions and $806,543 in fees, across 58 insurance contracts at 19 employers. That ranks #266 of 12,126 brokers in the public record.
What commission rate is paid on plans Preferred Benefits LLC brokers?
Not enough fully insured medical plans name Preferred Benefits LLC as the sole broker to compute a stable rate. The national median is 3.8% of premium.
Which employers use Preferred Benefits LLC?
The largest reported payers in 2024 were Hathaway-Sycamores Child and Family Services, Lightbox Employer, L.L.C., Map Communications, Inc.. New Jersey is its biggest state by employer count (6 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.