Procyon Benefits, LLC

Public-record details

Address

1 Corporate Drive, Suite 225, Shelton, CT 06484

Listed under

Health and welfare plans, Median plan 200 to 999 participants, Fees reported as well as commissions

Plan filings naming this broker (2024 plan year)

10

Commissions disclosed on Schedule A

$401,515

Fees disclosed on Schedule A

$535,576

Total disclosed

$937,091 (higher than 95% of the 22,186 brokers listed)

Average disclosed per filing

$93,709 (higher than 97% of listed brokers' per-filing averages)

Median plan size (participants)

364

Health and welfare filings / retirement filings

10 / 0

Plan sponsors' states (filings)

CT (6), PA (2), NY (2)

Named as a broker or agent on 10 Schedule A filings in the DOL's 2024 plan-year Form 5500 data. Source: DOL EBSA Form 5500 Schedule A (2024 plan year) (record). Data as of 2026-10-02.

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How to read these figures

Insurance carriers report on Schedule A of Form 5500 the commissions and fees they paid to brokers and agents for each insurance contract of an employee benefit plan. We add up the amounts for each broker name and ZIP code in the 2024 plan-year data. Amounts depend on the size of the plans, the benefits bought, how many carriers are involved and how compensation is arranged, so a larger or smaller total is not a measure of a broker's price or quality. Percentages compare this broker with the other brokers listed here and are not judgments. Schedule A does not capture every form of broker compensation, such as fees paid directly by the employer.

• DOL EFAST2 Form 5500 search — find any plan's filing and its Schedule A.
• DOL Form 5500 datasets — the source files.

Grouped by broker name and ZIP code as filed; the same firm can appear under several offices or spellings. The data has no phone number or website. Confirm a broker's insurance license with your state insurance department.