Marsh & McLennan Agency, LLC
Updated Filing received by DOL a plan year 2025 filing was received September 2, 2026 for 10 of this employer's 11 plans; this record moves to 2025 when all have arrived
Marsh & McLennan Agency, LLC, a finance & insurance employer in Minneapolis, Minnesota, reported 1,327 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $25M in insurance premiums across 102 contracts and $1.6M in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on July 2, 2025, before the deadline.
Who was paid on Marsh & McLennan Agency, 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 Marsh & McLennan Agency, LLC filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Marsh McLennan Agency · Troy, MI | $946,686 | $271,649 | $1,218,335 | 78 |
| Eoi Service Company | $146,416 | $1,106 | $147,522 | 6 |
| Keeler & Associates · Plattsmouth, NE | $105,290 | $0 | $105,290 | 5 |
| Rebecca a McLaughlan · Troy, MI | $57,675 | $0 | $57,675 | 2 |
| Professional Group Plans Inc · Hauppauge, NY | $0 | $18,858 | $18,858 | 1 |
| Keeler, Shawn J · Plattsmouth, NE | $18,502 | $0 | $18,502 | 3 |
| Empyrean Insurance Services Inc · Minneapolis, MN | $9,411 | $8,605 | $18,016 | 1 |
| Various - See Attached | $12,685 | $1,553 | $14,238 | 1 |
| Ibenefit Communication LLC · Clinton, IA | $9,455 | $0 | $9,455 | 1 |
| United of Omaha Life Ins. Co. · Omaha, NE | $0 | $5,423 | $5,423 | 1 |
| Assurance Agency, Mma · Schaumburg, IL | $4,054 | $0 | $4,054 | 1 |
| Gallagher · Cape Coral, FL | $3,101 | $0 | $3,101 | 3 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "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
The 24 largest of 102 contracts 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 |
|---|---|---|---|---|
| Blue Cross Blue Shield of South Carolinahealth, prescription drug, PPO | 822 | $11M | $3,000 | 0.0% |
| Independence Blue Crosshealth, vision, prescription drug, PPO | 335 | $5.1M | $228,086 | 4.5% |
| Blue Cross Blue Shield of Massachusetts, Inc.health, prescription drug | 582 | $4.1M | $93,489 | 2.3% |
| Keystone Health Plan Easthealth, prescription drug, HMO | 87 | $1.5M | $68,542 | 4.5% |
| Blue Cross Blue Shield of Michiganhealth, prescription drug, PPO | 205 | $1.2M | $35,017 | 3.0% |
| Blue Care Network of Michiganhealth, prescription drug, HMO | 141 | $854,515 | $24,362 | 2.9% |
| Standard Insurance Companydental | 653 | $664,402 | — | — |
| Vision Service Planvision | 743 | $120,575 | $11,040 | 9.2% |
| Amerihealth Insurance Companyhealth, prescription drug, HMO | 2 | $31,364 | $1,354 | 4.3% |
| Unum Life Insurance Company of Americacoverage not coded | 154 | — | $3,493 | — |
| Eyemedvision | 2,003 | — | — | — |
| Eyemedvision | 19 | — | — | — |
| Medica Insurance Companyhealth | 1,146 | — | $207 | — |
| Unum Life Insurance Company of Americacoverage not coded | 7 | — | $142 | — |
| Sanford Health Planhealth | 395 | — | — | — |
| Unum Life Insurance Company of Americacoverage not coded | 10 | — | $1,279 | — |
| Healthy Alliance Life Insurance Companyhealth, PPO | 389 | — | $3,401 | — |
| Unum Life Insurance Company of Americacoverage not coded | 24 | — | $2,225 | — |
| Unum Life Insurance Company of Americacoverage not coded | 149 | — | — | — |
| Blue Cross Blue Shield of North Dakotahealth | 141 | — | — | — |
| Unum Life Insurance Company of Americalife | 1,461 | — | $105,755 | — |
| Unum Life Insurance Company of Americashort-term disability, long-term disability | 1,531 | — | $103,398 | — |
| Unum Insurance Companycoverage not coded | 559 | — | $18,853 | — |
| Unum Insurance Companycoverage not coded | 368 | — | $31,768 | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Marsh & McLennan Agency, 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.
Premium per covered person on medical contracts: $11,043 a year (national median $7,274).
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 1,321 | 1,327 | +0.5% |
| Premiums filed | $22,003,260 | $24,791,878 | not comparable |
| Broker commissions + fees | $1,615,584 | $1,631,585 | +1.0% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
The 8 largest of 11 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 |
|---|---|---|---|---|
| Marsh & McLennan Agency Upper Midwest Employee Benefit Plan#570 · insurance, general assets | December 31, 2024 | July 2, 2025 | before deadline | 1,327 |
| Barney & Barney Health & Welfare Plan#502 · insurance, general assets | December 31, 2024 | June 17, 2025 | before deadline | 1,323 |
| Marsh and McLennan Agency LLC Employee Benefits Plan#510 · insurance, general assets | December 31, 2024 | August 11, 2025 | within extension | 972 |
| Marsh & McLennan Agency, LLC, Mid-Atlantic Umbrella Welfare Benefit Plan#506 · insurance, general assets | December 31, 2024 | May 20, 2025 | before deadline | 894 |
| Marsh & McLennan Agency, LLC, Locally Known As J. Smith Lanier, Health & Welfare Benefit Plan#517 · insurance, general assets | December 31, 2024 | July 27, 2025 | before deadline | 780 |
| Marsh & McLennan Agency Health & Welfare Benefits Plan#600 · insurance, general assets | December 31, 2024 | June 2, 2025 | before deadline | 764 |
| Marsh & McLennan Agency LLC Midwest Health and Welfare Plan#501 · amended · insurance, general assets | December 31, 2024 | June 9, 2026 | amended filing; original date not in data | 756 |
| Marsh & McLennan Agency LLC East Flexible Benefits Plan#505 · insurance, general assets | December 31, 2024 | June 24, 2025 | before deadline | 508 |
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 Marsh & McLennan Agency, LLC pay in health insurance broker commissions in 2024?
Marsh & McLennan Agency, LLC's 2024 Form 5500 reports $1,631,585 in broker commissions and fees across 102 insurance contracts ($1,324,339 in commissions, $307,246 in fees), with Marsh McLennan Agency receiving the largest share.
Is Marsh & McLennan Agency, LLC's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Blue Cross Blue Shield of South Carolina, Independence Blue Cross, Blue Cross Blue Shield of Massachusetts, Inc..
How does Marsh & McLennan Agency, LLC's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Marsh & McLennan Agency, LLC because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 1,000-4,999 participants that disclosed broker pay reported a median of $168,579.
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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.