Grant Thornton Advisors LLC
Updated Filing received by DOL
Grant Thornton Advisors LLC, a professional & technical services employer in Chicago, Illinois, reported 6,941 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 13 insurance contracts with no premium reported and $519,560 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on September 2, 2026, within the extension window.
Who was paid on Grant Thornton Advisors LLC's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Grant Thornton Advisors LLC filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Mercer · Chicago, IL | $203,259 | $18,848 | $222,107 | 4 |
| GBS Insurance and Financial Service · New York, NY | $180,648 | $0 | $180,648 | 1 |
| Gallagher · Woodland Hills, CA | $77,229 | $140 | $77,369 | 4 |
| The Leaders Group Inc · Summit, NJ | $33,471 | $0 | $33,471 | 1 |
| Gregory a McRoberts · Indianapolis, IN | $0 | $3,504 | $3,504 | 1 |
| Lifetime Financial Growth of No Ohi · New York, NY | $1,340 | $0 | $1,340 | 1 |
| Gregory J Lough · Chardon, OH | $924 | $0 | $924 | 1 |
| Peter H Hoopis · Chicago, IL | $167 | $0 | $167 | 1 |
| David a Pearre · Lake Bluff, IL | $30 | $0 | $30 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Metropolitan Life Insurance Companylife | 8,322 | — | $19,603 | — |
| Metlife Legal Planscoverage not coded | 803 | — | $15,649 | — |
| Kaiser Foundation Health Plan Inchealth, prescription drug, HMO | 107 | — | — | — |
| Kaiser Foundation Health Plan Inchealth, prescription drug, HMO | 156 | — | — | — |
| Metropolitan Life Insurance Companylife | 519 | — | $33,471 | — |
| Berkshire Life Insurance Company of Americalong-term disability | 744 | — | $182,912 | — |
| Massachusetts Mutual Life Insurance Companylong-term disability | 367 | — | $61,467 | — |
| Lincoln National Life Insurance Companylong-term disability | 2,106 | — | $43,585 | — |
| United Behavioral Health dba Optumcoverage not coded | 6,611 | — | — | — |
| Vision Service Planvision | 3,952 | — | — | — |
| Four Ever Life Ins Cohealth, vision, life, prescription drug | 99 | — | — | — |
| Swiss Re Corporate Solutions America Ins. Corp.stop-loss | 5,389 | — | $39,490 | — |
| Metropolitan Life Insurance Companycoverage not coded | 3,874 | — | $123,383 | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Grant Thornton Advisors LLC compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 7,788 | 6,941 | −10.9% |
| Premiums filed | $0 | $0 | — |
| Broker commissions + fees | $662,270 | $519,560 | −21.5% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2024 and 2025.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Grant Thornton Advisors LLC Health and Welfare Benefits Plan#509 · insurance, general assets | December 31, 2025 | September 2, 2026 | within extension | 6,941 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Grant Thornton Advisors LLC pay in health insurance broker commissions in 2025?
Grant Thornton Advisors LLC's 2025 Form 5500 reports $519,560 in broker commissions and fees across 13 insurance contracts ($497,068 in commissions, $22,492 in fees), with Mercer receiving the largest share.
Is Grant Thornton Advisors LLC's health plan self-funded or fully insured?
The 2025 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Kaiser Foundation Health Plan Inc, Four Ever Life Ins Co.
How does Grant Thornton Advisors LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Grant Thornton Advisors LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.