MARKEL CORPORATION
EIN 54-1959284 · VA · Insurance / Financial Services
2021: $21,062 shown as filed, excluded as a likely filing error
Benchmarked against: Insurance / Financial Services · 2,501–10,000 employees · same industry, regional · n=35 employers (your plan plus 34 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.
3,351
(latest)
Self-fundedSelf-funded (incl. mixed, stop-loss and level-funded).
Funding
$1,393,030
Broker pay, employer-paid lines (2022)
$34.64
97th pct vs peers · n=35
Lines disclosed: Dental · Vision · Life · Long-term disability
Broker pay as a share of insured premium: 3.5% (peer median 6.8%, 27th percentile).
Without the 4 low-disclosure peers, this plan is at the 97th percentile of 31 comparable plans (your plan plus 30 peers).
Per-participant and share-of-premium comparisons differ because your plan insures more lines than most peers. The line-by-line rates below are the most direct comparison.
Employer-paid $1,393,030 benchmarked for 2022 · Voluntary $158,353 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: same region, similar covered lives. Full table below. How the national rates are built.
Medical
3.4%
Peer median 7.3%
Within peer rangeDental
6.1%
Peer median 6.4%
Within peer rangeVoluntary / worksite
32.8%
Peer median 17.4%
Above peer rangeVision
10.0%
Peer median 9.9%
Within peer rangeLife
4.1%
Peer median 11.6%
Below peer rangeVoluntary / worksite premium is typically paid by employees through payroll deduction, so commission on those lines comes out of employee money rather than company money.
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
- A committee-ready PDF: full broker breakdown, renewal question set, and disclosure-request letter included
Your full $199 applies toward Renewal Readiness if you upgrade within 60 days.
One-time purchase · 12 months of live access · PDF yours to keep · See a sample report
Researching several companies? Insight Pass — $299 per seat
Broker Compensation Benchmark Report
Peer distributions · dollar quantification · 3-year trajectory · modeled alternatives
SAMPLE
Where the $1,551,383 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
A screenshot isn't a record. Get the dated report for your file.
Line-item breakdown, multi-year trend, and methodology-backed framing — ready for fiduciary oversight and recordkeeping.
Or, if this is your company, share your plan basics to unlock your company’s full detail — the dated report PDF stays a separate purchase.
Benefits covered (latest filing)
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
Broker identity on this page is limited for public viewers. Sign in with your work email or share your plan basics for the full breakdown on your company.
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 |
|---|---|---|---|---|
| Medical · contract 201086 | Anthem Health Plans of Virginia, Inc. | 3.4% | med 7.3% | Within peer range |
| Medical · contract 3343780 | Cigna Health and Life Insurance Company and Affiliates ('Cigna') | 4.2% | med 4.7% | Within peer range |
| Dental · contract 00000000201 | Delta Dental of Virginia | 6.1% | med 6.4% | Within peer range |
| Voluntary / worksitemulti-product: accident + critical illness | Reliastar Life Insurance Company | 32.8% | med 17.4% | Above peer range |
| Vision · contract 30100149 | Vision Service Plan | 10.0% | med 9.9% | Within peer range |
| Medical · contract 17FCPUX | Dean Health Plan Inc | 3.0% | med 4.9% | Below peer range |
| Medical · contract 606816 | Kaiser Foundation Health Plan IncPlan 504 · 22 lives · Health | 4.0% | med 4.9% | Within peer range |
| Medical · contract 10537 | Kaiser Foundation Health Plan of Georgia | 3.6% | med 4.9% | Within peer range |
| Medical · contract 235031 | Kaiser Foundation Health Plan IncPlan 504 · 21 lives · Health | 3.7% | med 4.9% | Within peer range |
| Dental · contract 2501115 | Cigna Health and Life Insurance Company and Affiliates ('Cigna') | 5.9% | med 9.9% | Within peer range |
| Lifefiled as “Life, Other (ACCIDENTAL DEATH AND …” | Hartford Life and Accident Insurance Co | 4.1% | med 11.6% | Below peer range |
| Medical · contract 794657-S001 | Priority Health Insurance Company | 4.0% | med 4.9% | Within peer range |
| Medical · contract SEE BELOW* | UPMC Health Options | 3.7% | med 4.9% | Within peer range |
| Vision · contract 10302101001 | EyeMed Vision CarePlan 504 · 570 lives · Vision | 9.5% | med 9.9% | Within peer range |
| Medical · contract 47096 | Kaiser Foundation Health Plan of Colorado | 3.9% | med 4.9% | Within peer range |
| Medical · contract 113475-001 | Hawaii Medical Service Association | 4.0% | med 4.9% | Within peer range |
| Medical · contract 30526 | Kaiser Foundation Health Plan of the Mid Atlantic | 3.8% | med 4.9% | Within peer range |
| Medical · contract 50062 | Kaiser Foundation Health Plan of Hawaii | 4.2% | med 4.9% | Within peer range |
| Vision · contract 10302111001 | EyeMed Vision CarePlan 504 · 693 lives · Vision | 9.8% | med 9.9% | Within peer range |
| Medical · contract 8781600 | Kaiser Foundation Health Plan of Washington Options, Inc. | 4.0% | med 4.9% | No commission on this contract |
| Medical · contract G0681A | Health Net | 3.3% | med 4.9% | No commission on this contract |
| Medical · contract 60002 | Kaiser Foundation Health Plan of the Northwest | 3.7% | med 4.9% | No commission on this contract |
Bundled and other contracts — no single-line peer comparison
A bundled contract covers two or more lines on one premium (for example Health + Dental). Its effective rate is the commission on the whole premium; it is shown for completeness and never compared with single-line peers, because the mix of lines inside the bundle sets the rate as much as the broker does.
| Covers | Contract | Effective rate | vs. peers |
|---|---|---|---|
| Medical + Dental + Vision | UnitedHealthcare Insurance CompanyPlan 504 | 4.1% | Bundled; no single-line peer |
| Medical + Dental | Aetna Life Insurance Co.Plan 504 | 0.3% | Bundled; no single-line peer |
| Life + Long-term disability | Hartford Life and AccidentPlan 504 | 2.7% | Bundled; no single-line peer |
| Dental + Vision | Metropolitan Life Insurance CompanyPlan 504 | 3.9% | Bundled; no single-line peer |
| Other benefitBUSINESS TRAVEL ACCIDENT | Prudential Insurance Company of AmericaPlan 504 | — | No comparable line |
2 contracts under $10,000 in premium — listed for completeness, not compared to peers. Show
- Vision — EyeMed Vision Care — Premium under $10,000 is too small to compare
- Vision — EyeMed Vision Care — Premium under $10,000 is too small to compare
How the peer group for each line was built
- Medical: n=89 contracts, Southeast, 2501-10000 covered lives
- Medical: n=3,466 contracts, Southeast, 101-500 covered lives
- Dental: n=805 contracts, Southeast, 501-2500 covered lives
- Voluntary / worksite: n=941 contracts, Southeast, 501-2500 covered lives
- Vision: n=1,031 contracts, Southeast, 501-2500 covered lives
- Medical: n=2,084 contracts, Southeast, 1-100 covered lives
- Dental: n=2,224 contracts, Southeast, 101-500 covered lives
- Life: n=1,198 contracts, Southeast, 501-2500 covered lives
- Vision: n=2,366 contracts, Southeast, 101-500 covered lives
- Vision: n=267 contracts, Southeast, 1-100 covered lives
n = the number of peer contracts in that comparison group.
Everything in this table is from the 2022 filing. These 29 contracts are a subset of the broker compensation disclosed for that year. The remainder sits on contracts with no premium reported or on Schedule C service-provider fees, which carry no contract 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. Contracts under $10,000 in premium are listed for completeness, with no rate or peer position. A near-zero rate on a large premium usually means the broker is paid elsewhere (through a bundled contract, a Schedule C fee, or commission on other lines), so no market position is shown for that contract.
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 504MARKEL CORPORATION PERSONAL CHOICE BENEFITS PLAN3.4K participants (2022)HealthDentalLife insuranceShort-term disabilityLong-term disabilityApprenticeship / trainingSeveranceOtherSelf-fundedSelf-funded (incl. mixed, stop-loss and level-funded). · 2 years on file
Loading contracts…
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
Is this your company?
The Broker Compensation Benchmark Report is the dated, sourced PDF for your fiduciary file — line-item breakdown, interpretation, methodology, and 12 months of live access. Unbrokered does not provide legal advice.
Or share your plan basics to unlock your company’s full detail — the report PDF itself is a separate purchase.
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.
- CREDIT UNION CONSORTIUMIndianaCompensation disclosed →
- MIDFIRST BANKOklahomaCompensation disclosed →
- SYMETRA LIFE INSURANCE COMPANYWashingtonCompensation disclosed →
- CNO SERVICES LLCIndianaCompensation disclosed →
- NEW AMERICAN FUNDING, LLCCaliforniaCompensation disclosed →
Browse more: Virginia employer health plans · Insurance / Financial Services plans in Virginia · all states
Sourced from Form 5500 filings as submitted to the U.S. Department of Labor. Most recent plan year on file: 2022. 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.
Report a data discrepancy
Unbrokered reports data as filed with the DOL. If you believe a figure is incorrect, tell us what it should be. We respond within 2 business days and, where the underlying filing has been amended, update on our next data refresh. We don't remove publicly filed information on request, but we do correct genuine errors.