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

Watson Insurance Agency Inc

Gastonia, NC

Watson Insurance Agency Inc collected $42,396 in commissions and fees from 3 employer health plans in plan year 2024 filings, ranking #5830 among 12,126 brokers named in the public record. Most of its named clients are in North Carolina.

Commissions + fees
$42,396
$40,073 commissions · $2,323 fees
Employer plans
3
11 contracts
Rank
#5830
top 48% 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
Farris Fab & Machine · North Carolina$28,070153
Associated Hardwoods, Inc and Affiliates · North Carolina$12,003176
Thornburg Investment Management · New Mexico$2,323212

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 Watson Insurance Agency Inc earn from employer health plans?

In plan year 2024 filings, employers reported paying Watson Insurance Agency Inc $42,396: $40,073 in commissions and $2,323 in fees, across 11 insurance contracts at 3 employers. That ranks #5830 of 12,126 brokers in the public record.

What commission rate is paid on plans Watson Insurance Agency Inc brokers?

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

Which employers use Watson Insurance Agency Inc?

The largest reported payers in 2024 were Farris Fab & Machine, Associated Hardwoods, Inc and Affiliates, Thornburg Investment Management. North Carolina 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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