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

Risk Placement Services Inc

Berkeley Heights, NJ

Risk Placement Services Inc collected $816,298 in commissions and fees from 56 employer health plans in plan year 2024 filings, ranking #557 among 12,126 brokers named in the public record. Most of its named clients are in New Jersey.

Commissions + fees
$816,298
$629,719 commissions · $186,579 fees
Employer plans
56
102 contracts
Rank
#557
top 5% 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
Athena Global Advisors, Inc. · Pennsylvania$112,884100
Yellow Cab Holdings LLC · New York$81,439131
The Shipley School · Pennsylvania$54,611162
WHYY, Inc. · Pennsylvania$53,556201
S&K Distribution LLC · New York$48,986308
Mental Health Association of Essex and Morris, Inc. · New Jersey$44,076175
Learn & Play, Inc. dba Play and Learn · Pennsylvania$43,478194
Takara Belmont USA, Inc. · New Jersey$41,174115
Corecare Systems, Inc. · Pennsylvania$33,941149
Becker Nose and Sinus Center, LLC · New Jersey$31,479119
Wytech Industries LLC · New Jersey$26,983315
Atlantic Casting & Engineering Corporation · New Jersey$25,563183
KNF Neuberger, Inc. · New Jersey$22,896115
Manahawkin Motors Inc · New Jersey$17,050109
Bronx Parent Housing Network, Inc. · New York$16,275192
Micro Strategies, Inc. · New Jersey$11,968106
Woori America Bank · New York$11,712271
Shake-N-Go Fashion, Inc. · New York$9,273200
Monadnock Construction, Inc. · New York$9,199373
Draper Holdings Business Trust · Maryland$9,101175
Lotito Foods, LLC · New Jersey$9,009115
Sumitomo Mitsui Banking Corp · New York$8,5394,401
Victory Home Remodeling LLC · New Jersey$8,283242
Manasquan Bank · New Jersey$8,159235
East Green Marketing & Management Corp d/b/a Seoul Trading Group · Washington$7,408320

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.

18 plans
18 plans
15 plans
1 plans
1 plans
1 plans

How much does Risk Placement Services Inc earn from employer health plans?

In plan year 2024 filings, employers reported paying Risk Placement Services Inc $816,298: $629,719 in commissions and $186,579 in fees, across 102 insurance contracts at 56 employers. That ranks #557 of 12,126 brokers in the public record.

What commission rate is paid on plans Risk Placement Services Inc brokers?

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

Which employers use Risk Placement Services Inc?

The largest reported payers in 2024 were Athena Global Advisors, Inc., Yellow Cab Holdings LLC, The Shipley School. New Jersey is its biggest state by employer count (18 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.