North Little Rock, Arkansas employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
22 employers in North Little Rock, Arkansas filed health plans with 100 or more participants for plan year 2024, covering 11,634 participants. They reported $18M in insurance premiums and $2.7M in broker commissions and fees. Against 2023, premiums were down 22.2% and broker pay fell 11.0%.
Funding: 10 fully insured · 7 self-funded · 5 mixed. 12 of 22 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in North Little Rock
North Little Rock employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Powers of Arkansas | $3,381,755 | $167,278 | 311 | Konecny Insurance |
| First Orion Corp | $3,170,777 | $46,891 | 357 | HUB International |
| Travel Nurse Across America, LLC | $1,867,967 | $495,712 | 2,672 | Stephens Insurance, LLC |
| Rubber & Gasket Company of America Inc. | $1,529,339 | $30,319 | 145 | Marsh McLennan Agency |
| Fourjay, LLC | $1,434,924 | $43,425 | 246 | Stephens Insurance |
| Coulson Oil Company | $1,186,735 | $35,233 | 280 | Cadenceinsuranceinc |
| Edafio Technologies, LLC | $1,177,406 | $23,902 | 103 | Benefit Mall |
| Eos, Inc. | $1,082,577 | $148,976 | 130 | Marsh McLennan Agency |
| Engagemed, Inc. | $954,172 | $268,829 | 1,322 | Acrisure |
| Custom Aircraft Cabinets | $834,892 | $137,743 | 137 | OneDigital |
| Bruce Oakley, Inc. | $339,783 | $343,051 | 700 | Marsh McLennan Agency |
| Arkansas Surgical Hospital | $161,279 | $69,640 | 233 | Acrisure |
| Arkansas Hospice, Inc. | $160,966 | $105,183 | 324 | Gallagher |
| Arnold Electric Company, Inc. | $111,411 | $21,297 | 182 | JTS Financial Services LLC |
| Quality Wholesale Building Products Inc | $82,325 | $101,745 | 104 | Acrisure |
| The Hall Group, Inc. | $47,198 | $29,488 | 112 | Stephens Insurance LLC |
| Montrose Environmental Group | $0 | $104,303 | 2,073 | OneDigital |
| Garver, LLC | $0 | $148,670 | 1,133 | Lockton |
| Rich Logistics | $0 | $298,874 | 685 | Cypress Benefits Group, Inc. |
| Russell Chevrolet-Honda | $0 | $32,770 | 165 | JTS Financial Services |
| Airetech Corporation | $0 | $20,062 | 115 | Cadence Insurance Inc. |
| Atg USA | $0 | $38,330 | 105 | Bennie Insurance, LLC |
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 North Little Rock employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Stephens Insurance LLC | $389,361 | 3 |
| Marsh McLennan Agency | $371,022 | 4 |
| Acrisure | $292,819 | 3 |
| Cypress Benefits Group Inc | $261,458 | 1 |
| Explain MY Benefits LLC | $164,436 | 1 |
| Lockton | $142,745 | 1 |
| OneDigital | $123,542 | 2 |
| Gallagher | $115,893 | 3 |
| Accretive Enrollment Services, LLC | $79,853 | 2 |
| AssuredPartners | $63,056 | 2 |
Largest medical carriers
Medical premium written for these employers.
North Little Rock 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.
| North Little Rock | Arkansas | United States | |
|---|---|---|---|
| Employer plans | 22 | 371 | 58,547 |
| Median commission rate | n/a | 3.7% | 3.8% |
| Middle half of rates | n/a | 2.5% – 5.1% | 2.7% – 5.0% |
| Median broker pay per employer | $85,693 | $64,301 | $72,628 |
| Medical premium per covered person | n/a | $5,286 | $7,274 |
| Plans reporting no commission | 1 | 56 | 933 |
Year over year. In plan year 2023, 20 North Little Rock employers reported $23M in premiums and $3.0M in broker pay for 13,864 participants; in 2024 it was $18M and $2.7M for 11,634 participants (premiums −22.2%, broker pay −11.0%).
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 North Little Rock employers pay health insurance brokers?
22 North Little Rock employers reported $2,711,721 in broker commissions and fees on their 2024 Form 5500 filings, 22 of them disclosing at least some compensation. Too few fully insured medical plans in North Little Rock 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 North Little Rock employer that disclosed broker pay reported $85,693.
Which North Little Rock employers have the largest health plans?
By insurance premium reported for 2024, Powers of Arkansas ($3.4M), First Orion Corp ($3.2M), Travel Nurse Across America, LLC ($1.9M) lead. 22 North Little Rock employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in North Little Rock?
By compensation reported by North Little Rock employers, the largest brokers are Stephens Insurance LLC ($389,361, 3 plans), Marsh McLennan Agency ($371,022, 4 plans), Acrisure ($292,819, 3 plans). By medical premium, the largest carriers are Arkansas Blue Cross and Blue Shield, Cigna Health and Life Ins Co, Blue Cross Blue Shield.
Are North Little Rock employer health plans self-funded or fully insured?
Of 22 North Little Rock employer plans, 10 are fully insured, 7 are self-funded and 5 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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