Spectrum Benefits LLC
Spectrum Benefits LLC collected $526,745 in commissions and fees from 13 employer health plans in plan year 2024 filings, ranking #853 among 12,126 brokers named in the public record. Most of its named clients are in Michigan.
Largest clients
Employers whose filings reported the most compensation to this broker.
| Employer | Paid to broker | Participants |
|---|---|---|
| Rockford Toolcraft Inc · Illinois | $137,798 | 361 |
| Superior Health Holdings, Inc · Louisiana | $67,492 | 122 |
| Cimco Resources, Inc. · Illinois | $63,425 | 227 |
| TH Plastics, Inc. · Michigan | $56,839 | 719 |
| Forward Bank · Wisconsin | $47,815 | 167 |
| Huizenga Manufacturing Group · Michigan | $42,019 | 584 |
| Industrial Maintenace, Welding & Machining Company, Inc. · Illinois | $35,520 | 122 |
| Abbybank · Wisconsin | $24,150 | 102 |
| J.M. Longyear, LLC · Michigan | $15,468 | 160 |
| Big Rapids Products Inc · Michigan | $14,278 | 326 |
| Wesco, Inc. · Michigan | $10,511 | 605 |
| BBP Sales, LLC · Louisiana | $9,769 | 129 |
| Michigan Farm Bureau · Michigan | $1,661 | 1,085 |
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 Spectrum Benefits LLC earn from employer health plans?
In plan year 2024 filings, employers reported paying Spectrum Benefits LLC $526,745: $523,810 in commissions and $2,935 in fees, across 50 insurance contracts at 13 employers. That ranks #853 of 12,126 brokers in the public record.
What commission rate is paid on plans Spectrum Benefits LLC brokers?
Not enough fully insured medical plans name Spectrum Benefits LLC as the sole broker to compute a stable rate. The national median is 3.8% of premium.
Which employers use Spectrum Benefits LLC?
The largest reported payers in 2024 were Rockford Toolcraft Inc, Superior Health Holdings, Inc, Cimco Resources, Inc.. Michigan 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.