Slideshow The 50 biggest benefit brokerages in the large-group market, part 1

Published
  • December 29 2016, 12:56pm EST

Introduction

Revenues listed for the following companies are based on Form 5500 Schedule A data submitted to the Department of Labor. As such, groups under 100 lives, government entities and church plans are not required to file. Any disclosure on Schedule C' are not contemplated in these numbers.

To see part two, click here.

EBA, in partnership with business intelligence data analytics firm miEdge, reveals the list in descending order:

50) BancorpSouth Insurance Services

2016 revenue: $6.99 million

Year-over-year growth: new to list

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49) McGohan Brabender

2016 revenue: $7.28 million

Year-over-year growth: new to list

48) ONI Risk Partners

2016 revenue: $7.52 million

Year-over-year growth: 0.75%

Same spot as 2015

Note: ONI acquired ONB Insurance Group in May 2016
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47) M3 Insurance

2016 revenue: $7.78 million

Year-over-year growth: new to list

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46) Oswald Companies

2016 revenue: $8.27 million

Year-over-year growth: 2.03%

Down 4 spots from 2015

45) Hodges-Mace Benefits

2016 revenue: $8.35 million

Year-over-year growth: 16%

Up 5 spots from 2015

* Hodges-Mace is a broker partner and accepts assignment of commissions as compensation for face-to-face communication and/or technology work.

44) IMA

2016 revenue: $8.67 million

Year-over-year growth: 0.65%

Down 5 spots from 2015

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43) Northwestern Benefit Corp. of Georgia

2016 revenue: $8.79 million

Year-over-year growth: 14.84%

Up 3 spots from 2015

42) Bolton & Company

2016 revenue: $8.81 million

Year-over-year growth: new to list

41) Frenkel Benefits

2016 revenue: $8.85 million

Year-over-year growth: -3.49%

Down 3 spots from 2015

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40) Capital Benefit Services

2016 revenue: $8.89 million

Year-over-year growth: 14.39%

Up 5 spots from 2015

39) Assurance Agency

2016 revenue: $9.38 million

Year-over-year growth: 24.26%

Up 8 spots from 2015

38) Risk Strategies Company

2016 revenue: $9.74 million

Year-over-year growth: new to list

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37) Burnham Benefits Insurance Services

2016 revenue: $10.01 million

Year-over-year growth: 23.69%

Up 6 spots from 2015

36) Leavitt Group

2016 revenue: $10.26 million

Year-over-year growth: 11.25%

Up 1 spot from 2015

35) ABD Insurance & Financial Services

2016 revenue: $10.53 million

Year-over-year growth: 28.19%

Up 6 spots from 2015

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34) BenefitMall

2016 revenue: $10.62 million

Year-over-year growth: 2.67%

Same spot as 2015

33) Higginbotham Insurance

2016 revenue: $11.02 million

Year-over-year growth: 39.19%

Up 11 spots from 2015

32) Hylant

2016 revenue: $12.08 million

Year-over-year growth: 12.35%

Down 2 spots from 2015

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31) Filice Insurnace

2016 revenue: $12.08 million

Year-over-year growth: 14.87%

Up 2 spots from 2015
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30) LSG Insurance Partners

2016 revenue: $12.13 million

Year-over-year growth: 13.62%

Up 2 spots from 2015

29) True3 Benefit

2016 revenue: $12.24 million

Year-over-year growth: 14.59%

Up 2 spots from 2015

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28) J. Smith Lanier & Company

2016 revenue: $12.3 million

Year-over-year growth: 20.04%

Up 7 spots from 2015

27) Buck Consultants

2016 revenue: $12.6 million

Year-over-year growth: 5.58%

Up 1 spot from 2015

26) Regions Insurance

2016 revenue: $12.7 million

Year-over-year growth: 26.31%

Up 10 spots from 2015

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2015 list

How do these rankings stack up compared to last year?

To see part one of the 2015 (No. 50-26) list, click here.

To see part two of the 2015 (No. 26-1) list, click here.