Watchtower Benefits, LLC
Chicago, IL
Watchtower Benefits, LLC of Chicago, IL is the broker of record on 1,970 Form 5500 Schedule A filings covering 1,386 employer benefit plans across 45 states, with $3,314,460 in reported broker commissions (plan year 2025).
Quick answer
Watchtower Benefits, LLC (Chicago, IL) is the broker of record for 1,386 employer benefit plan sponsors on 1,970 Form 5500 Schedule A filings, plan year 2025.
- How many employer clients does Watchtower Benefits, LLC have?
- Watchtower Benefits, LLC is named as broker on Form 5500 Schedule A filings for 1,386 distinct plan sponsors in 45 states.
- Who are Watchtower Benefits, LLC's largest employer clients?
- By plan participants, the largest include Duke University (43,286 participants), Hamilton Health Care System, Inc. (9,891 participants) and Boise Cascade Company (7,659 participants).
- How much does Watchtower Benefits, LLC earn in commissions?
- Insurers reported $3.3 million in broker commissions and $3.6 million in fees paid to Watchtower Benefits, LLC for plan year 2025, per Schedule A Part 1.
- Where is Watchtower Benefits, LLC located?
- Watchtower Benefits, LLC is based in Chicago, IL and has employer clients in 45 states.
- How does Watchtower Benefits, LLC rank among benefits brokers in Illinois?
- Watchtower Benefits, LLC ranks #6 by employer clients among the 50 most active benefits brokers based in Illinois.
Source: Fundz verified event record.
Employer clients
Plan sponsors naming Watchtower Benefits, LLC 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 |
|---|---|---|---|
| Duke University | NC | 43,286 | 2025-12-31 |
| Hamilton Health Care System, Inc. | GA | 9,891 | 2025-12-31 |
| Boise Cascade Company | ID | 7,659 | 2025-12-31 |
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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.