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

Theodore Souphis

Troy, MI

Theodore Souphis collected $128,397 in commissions and fees from 3 employer health plans in plan year 2024 filings, ranking #2757 among 12,126 brokers named in the public record. Most of its named clients are in Michigan.

Commissions + fees
$128,397
$128,397 commissions · $0 fees
Employer plans
3
5 contracts
Rank
#2757
top 23% 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
University Neurosurgical Associates · Michigan$56,862144
Physician Healthcare Network P.C. · Michigan$37,044120
Mortgage 1, Inc. · Michigan$34,491223

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.

3 plans

How much does Theodore Souphis earn from employer health plans?

In plan year 2024 filings, employers reported paying Theodore Souphis $128,397: $128,397 in commissions and $0 in fees, across 5 insurance contracts at 3 employers. That ranks #2757 of 12,126 brokers in the public record.

What commission rate is paid on plans Theodore Souphis brokers?

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

Which employers use Theodore Souphis?

The largest reported payers in 2024 were University Neurosurgical Associates, Physician Healthcare Network P.C., Mortgage 1, Inc.. Michigan is its biggest state by employer count (3 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.

Is this your company's plan? Get a written review of the filing.
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.