Top 5 brokerages in each state

Published
  • May 26 2017, 10:21am EDT
Employee Benefit Adviser, in partnership with business intelligence data analytics firm miEdge, has released a list of the top 5 large group employee benefit brokerages by state.

The ranking is based on commissions paid, which plan sponsors include in the Form 5500 Schedule A data they submit to the Department of Labor. Note: Groups under 100 lives, government entities and church plans are not required to file and any disclosure on Schedule C's are not contemplated in these numbers.

Overview

Employee Benefit Adviser, in partnership with business intelligence data analytics firm miEdge, has released a list of the top 5 large group employee benefit brokerages by state.

The ranking is based on commissions paid, which plan sponsors include in the Form 5500 Schedule A data they submit to the Department of Labor. Note: Groups under 100 lives, government entities and church plans are not required to file and any disclosure on Schedule C's are not contemplated in these numbers.

Alaska

Alliant Insurance Services: $849,591

USI Insurance Services: $618,068

Wilson Agency: $557,177

Northrim Benefits Group: $485,681

J.L. Jones and Associates: $432,587

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Alabama

Willis Towers Watson: $4,956,316

Cobbs Allen: $2,038,103

S.S. Nesbitt: $1,962,043

Regions Insurance: $1,378,028

Marsh and McLennan Agency: $1,025,303

Arkansas

Acrisure: $5,357,832

Stephens: $3,092,008

Aon Consulting: $2,341,487

Lockton Companies: $2,015,076

Benefits Communications: $1,805,237

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Arizona

Lovitt Touche: $4,140,557

Mercer Health and Benefits: $3,345,315

Willis Towers Watson: $3,054,260

Lockton Companies: $2,791,718

Aon Consulting: $2,744,921

California

Mercer Health and Benefits: $41,299,460

HUB International: $36,827,321

Willis Towers Watson: $32,088,109

Marsh and McLennan Agency: $30,339,119

Alliant Insurance Services: $25,009,162

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Colorado

Lockton Companies: $6,997,662

Mercer Health and Benefits: $4,866,182

IMA: $3,560,875

Willis Towers Watson: $3,263,759

HUB International: $2,386,723

Connecticut

Mercer Health and Benefits: $5,976,200

Willis Towers Watson: $5,798,048

Alera Group: $3,751,383

PPI Benefit Solutions: $2,964,667

OneDigital: $2,683,193

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District of Columbia

Mercer Health and Benefits: $2,066,746

NFP: $2,011,411

Keller Benefits Services: $1,305,731

Willis Towers Watson: $1,299,612

Lockton Companies: $1,282,182

Delaware

Gallagher Benefits Services: $907,205

Marsh and McLennan Agency: $704,451

Mercer Health and Benefits: $573,018

Kelly and Associates Insurance Group: $441,402

Aon Consulting: $332,733

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Florida

Aon Consulting: $14,102,364

True Benefit: $13,911,234

Mercer Health and Benefits: $11,652,787

LSG Insurance Partners: $10,285,057

Brown and Brown: $9,847,992

Georgia

Marsh and McLennan Agency: $9,876,348

Aon Consulting: $8,273,214

Northwestern Benefit Corp of Georgia: $7,630,605

Lockton Companies: $6,427,902

Willis Towers Watson: $6,266,354

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Hawaii

Mercer Health and Benefits: $1,584,809

Atlas Insurance Agency: $1,095,269

Servco Insurance Services: $970,254

Employee Benefit Resource: $740,173

Gallagher Benefit Services: $557,928

Iowa

Holmes Murphey and Associates: $4,705,549

LMC Insurance and Risk Management: $1,747,375

Mercer Health and Benefits: $1,253,735

Midwest Benefits Consultants: $1,185,910

Frank Berlin and Associates: $1,052,914

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Idaho

Mercer Health and Benefits: $1,364,064

Gallagher Benefit Services: $983,061

Moreton and Company: $456,561

HUB International: $347,366

Helbling Greg Benefits Consulting: $315,287

Illinois

Aon Consulting: $42,310,803

Mercer Health and Benefits: $11,325,037

Alliant Insurance Services: $10,973,242

Gallagher Benefit Services: $9,617,606

Lockton Companies: $9,193,021

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Indiana

Aon Consulting: $3,098,453

M.J. Insurance: $2,726,417

Mercer Health and Benefits: $2,310,031

Gibson Insurance Agency: $2,075,015

Gallagher Benefit Services: $2,021,395

Kansas

Lockton Companies: $4,059,114

Bukaty Companies: $1,891,536

Gallagher Benefit Services: $1,812,979

Willis Towers Watson: $1,789,075

IMA: $1,224,738

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Kentucky

AssuredPartners: $4,607,910

BB&T: $4,345,207

Mercer Health and Benefits: $3,072,999

Aon Consulting: $2,746,149

USI Insurance Services: $2,624,938

Louisiana

HUB International: $10,349,591

Gallagher Benefit Services: $7,637,931

Mercer Health and Benefits $4,015,156

BancorpSouth Insurance Services: $3,131,539

Regions Insurance: $2,878,278

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Massachusetts

Gallagher Benefit Services: $10,535,549

Mercer Health and Benefits: $8,425,905

Brown and Brown: $8,146,802

Willis Towers Watson: $7,990,195

Marsh and McLennan Agency: $7,498,983

Maryland

Kelly and Associates Insurance Group: $10,720,706

NFP: $4,654,327

Mercer Health and Benefits: $3,190,081

PSA Insurance and Financial Services: $2,914,330

Marsh and McLennan Agency: $2,847,587

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Maine

MEA Benefits Trust: $2,712,000

Holden Agency Insurance:$1,554,718

Mercer Health and Benefits: $1,400,145

Willis Towers Watson: $1,172,783

Cross Insurance: $1,089,918

Michigan

Marsh and McLennan Agency: $10,747,534

Gallagher Benefit Services: $6,733,049

Hylant: $3,702,120

Mercer Health and Benefits: $3,539,910

Kapnick and Company: $3,257,423

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Minnesota

Hays: $6,949,070

Associated Financial Group: $6,628,602

Willis Towers Watson: $5,117,593

Marsh and McLennan Agency: $4,280,913

Wells Fargo: $3,415,666

Missouri

Lockton Companies: $9,363,717

Marsh and McLennan Agency: $3,392,520

Willis Towers Watson: $3,344,632

Aon Consulting: $2,833,699

Mercer Health and Benefits: $2,479,469

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To see part two, click here.