BenefitsLedger
City · Plan year 2024 · Form 5500

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

Updated plan year 2024, the most recent complete year

24 employers in Springdale, Arkansas filed health plans with 100 or more participants for plan year 2024, covering 127,514 participants. They reported $20M in insurance premiums and $4.5M in broker commissions and fees. Against 2023, premiums were up 44.0% and broker pay rose 31.3%.

Employer plans
24
127,514 participants
Premiums
$20M
+44.0% vs 2023
Broker pay
$4.5M
+31.3% vs 2023 · 22 disclosed
Median rate
n/a
too few insured medical plans

Funding: 10 fully insured · 7 self-funded · 7 mixed. 14 of 24 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Springdale

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

EmployerPremiumsBroker payParticipantsTop broker
Arisa Health, Inc.$6,087,081$256,3161,054Explain MY Benefits, LLC
Highlands Oncology Group, P.A.$4,952,145$118,251591Marsh McLennan Agency
ST. Francis House Nwa, Inc.$2,518,582$104,318196Brown & Brown
Muviq USA, LLC$1,247,918$246,472100Amwins Group Benefits, LLC
Paschal Heating & Air Conditioning, Inc.$1,161,528$98,259278Stephens Insurance, LLC
Frez-N-Stor, Inc.$1,113,399$83,647205BHC Next LLC dba BHC Insurance
Apex Advisory LLC$937,062$106,954496BFS Independent Insurance Inc
The Elizabeth Richardson Center, Inc.$713,107$33,292197Stephens Insurance, LLC.
Vapor Maven E Juice, LLC dba Vapor Maven$578,059$31,942285BFS Independent Insurance, Inc.
Esch Group Management Inc$299,359—322—
Multi-Craft Contractors, Inc.$289,959$50,265680Marsh McLennan Agency
Circle of Life Hospice & Palliative Care$149,299$49,102204Acrisure
Rental Concepts, LLC$87,112$26,010355JTS Financial Services LLC
WT Transfer Holding dba WT Equipment$71,664$26,222123BFS Independent Insurance Inc.
Brunner & Lay, Inc. Benefit Plan$70,703$52,027156Marsh McLennan Agency
American Tubing Arkansas, LLC$51,984$11,332175Stephens Insurance, LLC
Tyson Foods, Inc.$0$2,722,277115,178Alliant Insurance Services
George's, Inc.$0—4,390—
Harps Food Stores Inc.$0$177,0801,437Gallagher
Mathews Management Inc.$0$87,552336Gallagher
Cards Holdings, LLC$0$25,182286Patricia Ann Everette
J.V. Manufacturing, Inc.$0$51,416226Higginbotham
Star Mechanical Supply$0$55,503123BHC Next LLC
Legacy National Bank$0$63,732121Marsh 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 Springdale employers, with the number of employer plans naming each broker.

Largest medical carriers

Medical premium written for these employers.

Springdale 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.

SpringdaleArkansasUnited States
Employer plans2437158,547
Median commission raten/a3.7%3.8%
Middle half of ratesn/a2.5% – 5.1%2.7% – 5.0%
Median broker pay per employer$59,618$64,301$72,628
Medical premium per covered personn/a$5,286$7,274
Plans reporting no commission256933

Year over year. In plan year 2023, 20 Springdale employers reported $14M in premiums and $3.4M in broker pay for 122,739 participants; in 2024 it was $20M and $4.5M for 127,514 participants (premiums +44.0%, broker pay +31.3%).

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 Springdale employers pay health insurance brokers?

24 Springdale employers reported $4,477,151 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 Springdale 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 Springdale employer that disclosed broker pay reported $59,618.

Which Springdale employers have the largest health plans?

By insurance premium reported for 2024, Arisa Health, Inc. ($6.1M), Highlands Oncology Group, P.A. ($5.0M), ST. Francis House Nwa, Inc. ($2.5M) lead. 24 Springdale employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Springdale?

By compensation reported by Springdale employers, the largest brokers are Alliant Insurance Services ($1.5M, 2 plans), Custom Benefit Programs Inc ($726,421, 1 plans), Lockton ($404,801, 4 plans). By medical premium, the largest carriers are Arkansas Blue Cross and Blue Shield, Blue Cross Blue Shield of Michigan, Blue Cross and Blue Shield of Arkansas.

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

Of 24 Springdale employer plans, 10 are fully insured, 7 are self-funded and 7 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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