The Richards Group
The Richards Group collected $3.0M in commissions and fees from 66 employer health plans in plan year 2024 filings, ranking #163 among 12,126 brokers named in the public record. Most of its named clients are in Vermont.
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 The Richards Group earn from employer health plans?
In plan year 2024 filings, employers reported paying The Richards Group $3,011,274: $2,476,643 in commissions and $534,631 in fees, across 161 insurance contracts at 66 employers. That ranks #163 of 12,126 brokers in the public record.
What commission rate is paid on plans The Richards Group brokers?
Not enough fully insured medical plans name The Richards Group as the sole broker to compute a stable rate. The national median is 3.8% of premium.
Which employers use The Richards Group?
The largest reported payers in 2024 were Advanstaff, Inc., Veterans Truck Line, Inc., Concord General Mutual Insurance Company. Vermont is its biggest state by employer count (47 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.