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Benefits Intelligence/Broker Directory/Maryland

Riggs Counselman Michaels & Downes

Baltimore, MD

Riggs Counselman Michaels & Downes of Baltimore, MD is the broker of record on 76 Form 5500 Schedule A filings covering 58 employer benefit plans across 12 states, with $2,099,889 in reported broker commissions (plan year 2025).

Employer clients
58
distinct plan sponsors
Schedule A filings
76
States served
12
Reported commissions
$2,099,889
plan year 2025
Reported fees
$1,085,715

Quick answer

Riggs Counselman Michaels & Downes (Baltimore, MD) is the broker of record for 58 employer benefit plan sponsors on 76 Form 5500 Schedule A filings, plan year 2025.

How many employer clients does Riggs Counselman Michaels & Downes have?
Riggs Counselman Michaels & Downes is named as broker on Form 5500 Schedule A filings for 58 distinct plan sponsors in 12 states.
Who are Riggs Counselman Michaels & Downes's largest employer clients?
By plan participants, the largest include Johns Hopkins Hospital (29,092 participants), Baystate Health, Inc. (10,552 participants) and American Public Education, Inc. (2,365 participants).
How much does Riggs Counselman Michaels & Downes earn in commissions?
Insurers reported $2.1 million in broker commissions and $1.1 million in fees paid to Riggs Counselman Michaels & Downes for plan year 2025, per Schedule A Part 1.
Where is Riggs Counselman Michaels & Downes located?
Riggs Counselman Michaels & Downes is based in Baltimore, MD and has employer clients in 12 states.
How does Riggs Counselman Michaels & Downes rank among benefits brokers in Maryland?
Riggs Counselman Michaels & Downes ranks #15 by employer clients among the 50 most active benefits brokers based in Maryland.

Source: Fundz verified event record.

Employer clients

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

EmployerStateParticipantsPlan year end
Johns Hopkins HospitalMD29,0922025-12-31
Baystate Health, Inc.MA10,5522025-12-31
American Public Education, Inc.WV2,3652025-12-31
55 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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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.