How many employer clients does Bherd have?

Bherd is named as broker on Form 5500 Schedule A filings for 72 distinct plan sponsors in 9 states.

Who are Bherd's largest employer clients?

By plan participants, the largest include Discovery Sl Management LLC (15,017 participants), West Liberty Foods LLC (1,856 participants) and Precision, Inc. (957 participants).

How much does Bherd earn in commissions?

Insurers reported $710,540 in broker commissions and $584,407 in fees paid to Bherd for plan year 2025, per Schedule A Part 1.

Where is Bherd located?

Bherd is based in Des Moines, IA and has employer clients in 9 states.

How does Bherd rank among benefits brokers in Iowa?

Bherd ranks #15 by employer clients among the 50 most active benefits brokers based in Iowa.

Benefits Intelligence/Broker Directory/Iowa

Bherd

Des Moines, IA

Bherd of Des Moines, IA is the broker of record on 126 Form 5500 Schedule A filings covering 72 employer benefit plans across 9 states, with $710,540 in reported broker commissions (plan year 2025).

Employer clients

distinct plan sponsors

Schedule A filings

126

States served

Reported commissions

$710,540

plan year 2025

Reported fees

$584,407

Quick answer

Bherd (Des Moines, IA) is the broker of record for 72 employer benefit plan sponsors on 126 Form 5500 Schedule A filings, plan year 2025.

How many employer clients does Bherd have?: Bherd is named as broker on Form 5500 Schedule A filings for 72 distinct plan sponsors in 9 states.
Who are Bherd's largest employer clients?: By plan participants, the largest include Discovery Sl Management LLC (15,017 participants), West Liberty Foods LLC (1,856 participants) and Precision, Inc. (957 participants).
How much does Bherd earn in commissions?: Insurers reported $710,540 in broker commissions and $584,407 in fees paid to Bherd for plan year 2025, per Schedule A Part 1.
Where is Bherd located?: Bherd is based in Des Moines, IA and has employer clients in 9 states.
How does Bherd rank among benefits brokers in Iowa?: Bherd ranks #15 by employer clients among the 50 most active benefits brokers based in Iowa.

Source: Fundz verified event record.

Employer clients

Plan sponsors naming Bherd on a Form 5500 Schedule A, largest first. Sponsor name, state, participant count and plan year end come directly from the filing.

Employer	State	Participants	Plan year end
Discovery Sl Management LLC	FL	15,017	2025-12-31
West Liberty Foods LLC	IA	1,856	2025-12-31
Precision, Inc.	IA	957	2025-12-31

69 more employer clients are on this firm's record, with the month each plan comes up again. See the full client list

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Other benefits brokers in Iowa

Holmes Murphy & Associates: 604 employer clients, $54,169,322 reported commissions (Des Moines)
Group Benefits Ltd: 266 employer clients, $3,091,315 reported commissions (Urbandale)
Cottingham & Butler: 246 employer clients, $8,657,500 reported commissions (Dubuque)
Principal Securities Inc: 190 employer clients, $3,209,145 reported commissions (Des Moines)
Bsc Agency LLC: 174 employer clients, $13,842,313 reported commissions (West Des Moines)
Cottingham And Butler Insurance: 207 employer clients, $13,416,584 reported commissions (Dubuque)
Tbs Agency Inc: 126 employer clients, $4,114,740 reported commissions (Fairfield)
Cottingham & Butler Ins Services: 135 employer clients, $4,283,520 reported commissions (Dubuque)

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Form 5500 Schedule A Part 1 (broker of record), 2024 to 2025 plan years. Source: U.S. Department of Labor EFAST2. Commission and fee figures are as reported by the plan's insurer on Schedule A Part 1 and are not adjusted.