Velocity Benefits
Velocity Benefits collected $378,598 in commissions and fees from 46 employer health plans in plan year 2024 filings, ranking #1107 among 12,126 brokers named in the public record. Most of its named clients are in Florida.
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 Velocity Benefits earn from employer health plans?
In plan year 2024 filings, employers reported paying Velocity Benefits $378,598: $289,825 in commissions and $88,773 in fees, across 58 insurance contracts at 46 employers. That ranks #1107 of 12,126 brokers in the public record.
What commission rate is paid on plans Velocity Benefits brokers?
Not enough fully insured medical plans name Velocity Benefits as the sole broker to compute a stable rate. The national median is 3.8% of premium.
Which employers use Velocity Benefits?
The largest reported payers in 2024 were Charter Foods, Inc., Vitalmd Group Holding LLC, Owen Electric Company, Inc.. Florida is its biggest state by employer count (20 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.