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

Procyon Benefits, LLC

Shelton, CT

Procyon Benefits, LLC collected $937,091 in commissions and fees from 10 employer health plans in plan year 2024 filings, ranking #484 among 12,126 brokers named in the public record. Most of its named clients are in Connecticut.

Commissions + fees
$937,091
$401,515 commissions · $535,576 fees
Employer plans
10
23 contracts
Rank
#484
top 4% 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
Foundation Source Philanthropic Services · Connecticut$208,452252
Audemars Piguet (north America) Inc. · New York$183,812208
Q-Si Operations Inc. · Connecticut$155,344209
Signal Management Services, LLC · Connecticut$119,214144
Connecticut Orthopaedic Specialists, P.C. · Connecticut$96,716468
CTC Americas, Inc. · Connecticut$86,521481
Delta-T Group, Inc. · Pennsylvania$61,838696
R.C. Bigelow, Inc. · Connecticut$13,187418
Liro Engineers, Inc · New York$7,577912
Kaleidoscope Family Solutions Aba, Inc. · Pennsylvania$4,430140

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.

2 plans

How much does Procyon Benefits, LLC earn from employer health plans?

In plan year 2024 filings, employers reported paying Procyon Benefits, LLC $937,091: $401,515 in commissions and $535,576 in fees, across 23 insurance contracts at 10 employers. That ranks #484 of 12,126 brokers in the public record.

What commission rate is paid on plans Procyon Benefits, LLC brokers?

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

Which employers use Procyon Benefits, LLC?

The largest reported payers in 2024 were Foundation Source Philanthropic Services, Audemars Piguet (north America) Inc., Q-Si Operations Inc.. Connecticut 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.

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