LIBERTY MUTUAL GROUP INC.

EIN 04-3583679 · MA · Insurance / Financial Services

Compensation disclosed7 brokers of record, 2021–2024As reported on Form 5500 (Schedules A and C), U.S. Department of Labor.

Employer-paid broker pay2024 · analysis: $769,1082023: $554,7102022: $563,6702021: $380,949

Benchmarked against: Insurance / Financial Services · 10,001–50,000 employees · same industry, regional · n=22 employers (your plan plus 21 peers)

Your exact in-state peer group was below the 10-plan minimum, so the comparison broadens to same industry, regional within Insurance / Financial Services.

31,810

(latest)

Self-fundedSelf-funded (incl. mixed, stop-loss and level-funded).

Funding

$769,108

Broker pay, employer-paid lines (2024)

$2.01

43rd pct vs peers · n=22

Lines disclosed: Life · Long-term disability

Broker pay as a share of insured premium: 1.8% (peer median 2.7%, 5th percentile).

Without the 2 low-disclosure peers, this plan is 12th highest of 20 comparable plans (your plan plus 19 peers).

Per-participant and share-of-premium comparisons differ because your plan insures fewer lines than most peers. The line-by-line rates below are the most direct comparison.

Employer-paid $769,108 benchmarked for 2024 · Voluntary $740,916 shown separately, compared by rate only

Broker commission rate by benefit line

What the broker earns on each insured line, as a share of that line's own premium — not a share of total broker pay, and not what the coverage cost. Peers for these tiles: the tightest available peer cell for each line. Full table below. How the national rates are built.

Life

2.2%

Peer median 4.4%

Within peer range

Long-term disability

1.3%

Peer median 2.5%

Below peer range

Voluntary / worksite

20.0%

Peer median 13.3%

Within peer range

Medical

3.0%

Peer median 4.2%

Within peer range

Voluntary / worksite premium is typically paid by employees through payroll deduction, so commission on those lines comes out of employee money rather than company money.

Dental and Vision are not on this filing as their own contracts, so there is no peer rate to show for them.

This page shows what was filed. The report shows what it means.

What the gap is worth — the dollar difference vs. peer median, including a 3-year view
The current structure compared against levels comparable plans actually reported
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Broker Compensation Benchmark Report

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Where the $1,510,024 across all lines goes

Each broker and each benefit line, in dollars

How much broker pay rides inside the premium

Base commission against bonuses and other carrier payments, all funded through premium

Whether this number is drifting

Compensation across every filed year, against the peer median

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Benefits covered (latest filing)

HealthDentalLife insuranceShort-term disabilityLong-term disabilityApprenticeship / trainingOther

From the Form 5500 welfare benefit codes — the authoritative list of what the plan covers, including medical (health).

Broker history

Benefit lines covered by year — broker identity limited on public pages

Year:

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Commission rates by benefit line

Each insured contract on the filing, with the broker's commission as a share of that contract's own premium. Premium is what was paid to the carrier for the coverage; only the commission column is broker pay.

Benefit line	Contract	Rate	vs. peers	Position
Life ($0 premium)	Securian Life Insurance CompanyPlan 503 · 45,364 lives · Other (ACCIDENTAL DEATH AND DISMEM…	2.2%	med 4.4%	Within peer range
Long-term disability	Lincoln National Life Insurance Company	1.3%	med 2.5%	Below peer range
Life ($0 premium)	Securian Life Insurance CompanyPlan 503 · 17,322 lives · Other (ACCIDENTAL DEATH AND DISMEM…	2.2%	med 4.4%	Within peer range
Life ($0 premium)	Securian Life Insurance CompanyPlan 503 · 31,892 lives · Other (ACCIDENTAL DEATH AND DISMEM…	2.2%	med 4.4%	Within peer range
Voluntary / worksitemulti-product: accident + critical illness + hospital indemnity	UnitedHealthcare Insurance Company	20.0%	med 13.3%	Within peer range
Life ($0 premium)	Securian Life Insurance CompanyPlan 503 · 22,206 lives · Other (ACCIDENTAL DEATH AND DISMEM…	2.0%	med 4.4%	Within peer range
Medicalfiled as “Health”	Four Ever Life Ins Co.	3.0%	med 4.2%	Within peer range

How the peer group for each line was built

Life: n=214 contracts, Northeast, 10001-50000 covered lives
Long-term disability: n=76 contracts, Northeast, 10001-50000 covered lives
Voluntary / worksite: n=50 contracts, Northeast, 10001-50000 covered lives
Medical: n=30,092 contracts, national

n = the number of peer contracts in that comparison group.

Everything in this table is from the 2024 filing. These 7 contracts are a subset of the broker compensation disclosed for that year. The remainder sits on bundled multi-line contracts, contracts with no premium reported, or Schedule C service-provider fees, none of which carry a comparable single-line rate.

Who funds this. Voluntary / worksite premium is typically paid by employees through payroll deduction, so commission on those lines comes out of employee money rather than company money.

Peer comparison here is contract-level: each line is matched to single-line contracts covering a similar number of lives. The geography and size band come from that cell's generated scope label. That is a different group from the plan-level peer set, which compares employers on total broker cost per employee, so the two sample sizes are not expected to agree. The national table on the research page includes every single-line contract on that benefit line. Company pages use the tightest cell with at least 10 contracts — region and size when those exist, otherwise national. The two medians answer different questions, so they are not expected to match. A rate on bundled multi-line premium is not comparable to a single-line rate, so bundled contracts are never given a peer position.

Plans on file

Expand a plan to see its insured contracts and year-over-year history — the details someone on the plan can recognize and verify.

PN 503LIBERTY MUTUAL HEALTH AND WELFARE PLAN32K participants (2024)

HealthDentalLife insuranceShort-term disabilityLong-term disabilityApprenticeship / trainingOtherSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 4 years on file

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PN 519LIBERTY MUTUAL RETIREE HEALTH AND WELFARE PLAN0 participants (2024)

HealthLife insuranceSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 4 years on file

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PN 518LIBERTY MUTUAL WORK LIFE SOLUTIONS PLAN0 participants (2023)

OtherSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 3 years on file

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PN 515LIBERTY MUTUAL VISION CARE PLAN0 participants (2023)

Short-term disabilityFully insured · 3 years on file

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PN 510LIBERTY MUTUAL SHORT TERM DISABILITY PLAN0 participants (2023)

Long-term disabilitySelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 3 years on file

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PN 522LIBERTY MUTUAL GROUP CRITICAL ILLNESS SPENDING PLAN0 participants (2023)

OtherFully insured · 2 years on file

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PN 521LIBERTY MUTUAL HEALTH CARE FLEXIBLE SPENDING ACCOUNT PLAN0 participants (2023)

HealthLife insuranceShort-term disabilityOtherSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 3 years on file

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PN 523LIBERTY MUTUAL GROUP HOSPITAL INDEMNITY BENEFIT PLAN0 participants (2023)

HealthFully insured · 2 years on file

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PN 514LIBERTY MUTUAL LONG TERM CARE INSURANCE PLAN0 participants (2023)

OtherFully insured · 3 years on file

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PN 520LIBERTY MUTUAL POST-65 RETIREE HRA DENTAL ONLY0 participants (2023)

Life insuranceSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 3 years on file

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PN 524LIBERTY MUTUAL GROUP ACCIDENT BENEFIT PLAN0 participants (2023)

OtherFully insured · 2 years on file

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PN 504LIBERTY MUTUAL ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE PLAN0 participants (2023)

OtherFully insured · 3 years on file

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PN 505LIBERTY MUTUAL DENTAL PLAN0 participants (2023)

Life insuranceSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 3 years on file

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PN 501LIBERTY MUTUAL EMPLOYEE LIFE INSURANCE PLAN0 participants (2023)

DentalFully insured · 3 years on file

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Covers = benefits reported on the Form 5500 (welfare benefit codes). Contracts = insured lines itemized on Schedule A; a self-funded medical line never appears there.

At a glance

Primary brokerLimited on public pages

Years on file4

Lead broker continuityFiled brokername changed

Broker setup5 brokers in 20247 across all years

Most

Peer benchmarkInsurance / Financial Servicesn=22 · regional peers

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How do similar employers compare?

Employers in the same peer group (Insurance / Financial Services, similar size), from public Form 5500 filings. Open one to see what it pays its broker.

Browse more: Massachusetts employer health plans · Insurance / Financial Services plans in Massachusetts · all states

Sourced from Form 5500 filings as submitted to the U.S. Department of Labor. Most recent plan year on file: 2024. Dataset refreshed October 7, 2026. Plan years are labeled by the year they begin, so a July 2024 – June 2025 plan year is 2024. Filings may lag 12–18 months behind the current plan year.

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