Marsh & McLennan Companies, Inc.
Updated Filing received by DOL
Marsh & McLennan Companies, Inc., a finance & insurance employer in New York, New York, reported 21,926 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows $5.4M in insurance premiums across 20 contracts and $1.5M in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on October 6, 2025, within the extension window.
Who was paid on Marsh & McLennan Companies, Inc.'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 Companies, Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Marsh McLennan Agency · Brooklyn, NY | $743,468 | $167,454 | $910,922 | 1 |
| Mercer · Minneapolis, MN | $535,960 | $29,621 | $565,581 | 19 |
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
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
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 Companies, Inc. 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
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 22,058 | 21,926 | −0.6% |
| Premiums filed | $5,262,426 | $5,431,183 | not comparable |
| Broker commissions + fees | $1,439,854 | $1,476,503 | +2.5% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
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 |
|---|---|---|---|---|
| Marsh & McLennan Companies, Inc. Health & Welfare Benefits Program#501 · insurance, trust | December 31, 2024 | October 6, 2025 | within extension | 21,926 |
| Marsh & McLennan Companies, Inc. Group Benefits Plan#503 · insurance, general assets | December 31, 2024 | October 6, 2025 | within extension | 19,240 |
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 Companies, Inc. pay in health insurance broker commissions in 2024?
Marsh & McLennan Companies, Inc.'s 2024 Form 5500 reports $1,476,503 in broker commissions and fees across 20 insurance contracts ($1,279,428 in commissions, $197,075 in fees), with Marsh McLennan Agency receiving the largest share.
Is Marsh & McLennan Companies, Inc.'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 Hawaii Medical Service Association, Kaiser Foundation Health Plans Inc., Kaiser Foundation Health Plan of Colorado.
How does Marsh & McLennan Companies, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Marsh & McLennan Companies, Inc. 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.