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

Spencer M Broad

Mount Laurel, NJ

Spencer M Broad collected $1,631 in commissions and fees from 3 employer health plans in plan year 2024 filings, ranking #10202 among 12,126 brokers named in the public record. Most of its named clients are in New Jersey.

Commissions + fees
$1,631
$1,631 commissions · $0 fees
Employer plans
3
3 contracts
Rank
#10202
top 84% 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
KML Law Group, P.C. · Pennsylvania$774141
Surety Title Company, LLC · New Jersey$743190
Kares Management, Inc. · New Jersey$114248

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 Spencer M Broad earn from employer health plans?

In plan year 2024 filings, employers reported paying Spencer M Broad $1,631: $1,631 in commissions and $0 in fees, across 3 insurance contracts at 3 employers. That ranks #10202 of 12,126 brokers in the public record.

What commission rate is paid on plans Spencer M Broad brokers?

Not enough fully insured medical plans name Spencer M Broad as the sole broker to compute a stable rate. The national median is 3.8% of premium.

Which employers use Spencer M Broad?

The largest reported payers in 2024 were KML Law Group, P.C., Surety Title Company, LLC, Kares Management, Inc.. New Jersey is its biggest state by employer count (2 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.