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

Woodruff Financial Inc

Lake Forest, IL

Woodruff Financial Inc collected $113,174 in commissions and fees from 2 employer health plans in plan year 2024 filings, ranking #3046 among 12,126 brokers named in the public record. Most of its named clients are in Illinois.

Commissions + fees
$113,174
$93,545 commissions · $19,629 fees
Employer plans
2
7 contracts
Rank
#3046
top 25% 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
Allied Plastics, LLC · Wisconsin$73,916272
Olivet Nazarene University · Illinois$39,258497

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.

1 plans
1 plans

How much does Woodruff Financial Inc earn from employer health plans?

In plan year 2024 filings, employers reported paying Woodruff Financial Inc $113,174: $93,545 in commissions and $19,629 in fees, across 7 insurance contracts at 2 employers. That ranks #3046 of 12,126 brokers in the public record.

What commission rate is paid on plans Woodruff Financial Inc brokers?

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

Which employers use Woodruff Financial Inc?

The largest reported payers in 2024 were Allied Plastics, LLC, Olivet Nazarene University. Illinois is its biggest state by employer count (1 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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