BenefitsLedger
City · Plan year 2024 · Form 5500

Fayetteville, Arkansas employer health plans: what they cost and who gets paid

Updated plan year 2024, the most recent complete year

17 employers in Fayetteville, Arkansas filed health plans with 100 or more participants for plan year 2024, covering 8,212 participants. They reported $16M in insurance premiums and $1.5M in broker commissions and fees. Against 2023, premiums were down 19.2% and broker pay rose 21.3%.

Employer plans
17
8,212 participants
Premiums
$16M
−19.2% vs 2023
Broker pay
$1.5M
+21.3% vs 2023 · 17 disclosed
Median rate
n/a
too few insured medical plans

Funding: 8 fully insured · 3 self-funded · 6 mixed. 9 of 17 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Fayetteville

Fayetteville employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.

EmployerPremiumsBroker payParticipantsTop broker
Kimbel Mechanical Systems, LLC$4,039,518$27,508544Not Provided
Twin Rivers Foods$2,700,117$52,368324Marsh McLennan Agency
Blew & Associates$2,359,197$50,379259Alliant Insurance Services
C.R. Crawford Construction, LLC.$1,480,533$89,119181James R. Broglen, JR.
Washington Regional Medical Center$1,386,307$240,5182,892Lockton
Ozark Orthopaedics, P.A.$896,479$76,077114Stephens Insurance, LLC
Lindsey Management Co., Inc.$875,845$169,1951,068Marsh McLennan Agency
Butterfield Trail Village, Inc.$676,844$22,733178Brown & Brown
Sanders, Tompkins, Schiro, Landers & Sanders PLLC$520,031$29,021109OneDigital
Rausch Coleman Development Group, Inc.$444,349$141,325513Marsh McLennan Agency
Medical Associates of Northwest Arkansas PA$338,759$37,285471Marsh McLennan Agency
Packaging Specialties, Inc.$310,223$60,753347Higginbotham
Lewis Management, Inc.$84,770$39,351111Stephens Insurance, LLC
Adventure Subaru Inc$75,890$41,303132Stephens Insurance - 11038
Arkansas Myriad, Inc.$53,331$41,545104Konecny Insurance Services Inc
K-Mac Enterprises, Inc.$0$251,959669Gallagher
Signature Bank of Arkansas$0$91,928196Marsh McLennan Agency

Source: DOL Form 5500 Schedule A, plan year 2024; employers are grouped by the sponsor's mailing city as filed. Self-funded employers show only stop-loss and ancillary premium.

Who gets paid

Commissions and fees reported by Fayetteville employers, with the number of employer plans naming each broker.

Largest medical carriers

Medical premium written for these employers.

Fayetteville against Arkansas and the U.S.

Medians over the same definitions on every BenefitsLedger page: commission rate on commission-paying, fully insured medical plans; broker pay per employer that disclosed any; medical premium per covered person.

FayettevilleArkansasUnited States
Employer plans1737158,547
Median commission raten/a3.7%3.8%
Middle half of ratesn/a2.5% – 5.1%2.7% – 5.0%
Median broker pay per employer$52,368$64,301$72,628
Medical premium per covered personn/a$5,286$7,274
Plans reporting no commission456933

Year over year. In plan year 2023, 17 Fayetteville employers reported $20M in premiums and $1.2M in broker pay for 7,813 participants; in 2024 it was $16M and $1.5M for 8,212 participants (premiums −19.2%, broker pay +21.3%).

Source: DOL Form 5500 and Schedule A, plan years 2024 and 2023, employer health plans with 100 or more participants; built October 24, 2026. Medians need at least 10 rated plans to be shown for a city. Methodology.

How much do Fayetteville employers pay health insurance brokers?

17 Fayetteville employers reported $1,462,367 in broker commissions and fees on their 2024 Form 5500 filings, 17 of them disclosing at least some compensation. Too few fully insured medical plans in Fayetteville reported premium to compute a stable commission rate; the Arkansas median is 3.7% and the U.S. median is 3.8%. In dollars, the median Fayetteville employer that disclosed broker pay reported $52,368.

Which Fayetteville employers have the largest health plans?

By insurance premium reported for 2024, Kimbel Mechanical Systems, LLC ($4.0M), Twin Rivers Foods ($2.7M), Blew & Associates ($2.4M) lead. 17 Fayetteville employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Fayetteville?

By compensation reported by Fayetteville employers, the largest brokers are Marsh McLennan Agency ($506,539, 7 plans), Gallagher ($249,039, 2 plans), Lockton ($207,989, 1 plans). By medical premium, the largest carriers are Arkansas Blue Cross and Blue Shield, Cigna Health and Life Ins Co, Siriuspoint America Insurance Company.

Are Fayetteville employer health plans self-funded or fully insured?

Of 17 Fayetteville employer plans, 8 are fully insured, 3 are self-funded and 6 mix insured and self-funded coverage. Self-funded plans report only stop-loss and ancillary contracts on Schedule A, so their premium and broker pay understate total spend.

Other cities in Arkansas

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