BenefitsLedger
City · Plan year 2024 · Form 5500

Beverly Hills, California employer health plans: what they cost and who gets paid

Updated plan year 2024, the most recent complete year

29 employers in Beverly Hills, California filed health plans with 100 or more participants for plan year 2024, covering 22,385 participants. They reported $6.0M in insurance premiums and $7.2M in broker commissions and fees. Against 2023, premiums were up 5.0% and broker pay rose 21.0%.

Employer plans
29
22,385 participants
Premiums
$6.0M
+5.0% vs 2023
Broker pay
$7.2M
+21.0% vs 2023 · 27 disclosed
Median rate
n/a
too few insured medical plans

Funding: 7 fully insured · 4 self-funded · 18 mixed. 22 of 29 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Beverly Hills

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

EmployerPremiumsBroker payParticipantsTop broker
Platinum Equity, LLC$5,461,685$241,482442USI Insurance Services
Archival Foundation$377,609$450,038520Paul Gaarenstroom
Studio 71, LP$184,973$117,365124Heffernan
Live Nation Entertainment, Inc.$0$1,214,2946,444Lockton
Endeavor Parent LLC$0$137,4604,055Mercer
United Talent Agency, LLC$0$138,9631,452NFP
Bosley, Inc.$0$101,1891,244Lockton
Color Image Apparel, Inc.$0$393,8141,239Mercer
Mega International, LLC$0$1,090,4761,128Gallagher
Sajahtera, Inc.$0$9,068773Willis Towers Watson
The Edward Thomas Hospitality Corp.$0—478—
Maybourne Beverly Hills Operator, LLC$0$224,118451Willis Towers Watson
O'gara Coach Company, LLC$0$283,671417Lockton
Laseraway, LLC$0$382,526415Hays Companies
Fabfitfun, Inc.$0$181,749391Marsh McLennan Agency
CF Entertainment, Inc.$0$586,237383Mercer
Belvedere Hotel Partnership the Peninsula Beverly Hills$0$312,689331Lockton
Mission Cloud Services, Inc$0$225,016288Flynn & Piel Insurance Services LLC
Beverly Hills Police Officers Assoc$0—231—
The Gersh Agency, Inc$0$278,915229Patriot Growth
Anastasia Beverly Hills, LLC$0$127,653220Marsh McLennan Agency
Omninet Property Management, Inc.$0$39,042187Bijan Nahai
H5 Data Centers LLC$0$171,276180Marsh McLennan Agency
Carpenter & Zuckerman$0$66,108173Lockton
Kennedy-Wilson Holdings, Inc.$0$138,381150Gallagher

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 Beverly Hills employers, with the number of employer plans naming each broker.

BrokerCommissions + feesPlans
Lockton$1,332,2155
Gallagher$1,279,5533
Mercer$1,112,0884
OneDigital$577,3111
Marsh McLennan Agency$443,1574
Hays Companies$254,3081
USI Insurance Services$239,3701
Willis Towers Watson$233,1862
Flynn & Piel Insurance Services LLC$225,0161
Patriot Growth$167,7381

Largest medical carriers

Medical premium written for these employers.

Beverly Hills against California 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.

Beverly HillsCaliforniaUnited States
Employer plans296,83658,547
Median commission raten/a4.0%3.8%
Middle half of ratesn/a0.6% – 6.3%2.7% – 5.0%
Median broker pay per employer$171,276$104,298$72,628
Medical premium per covered personn/a$6,689$7,274
Plans reporting no commission025933

Year over year. In plan year 2023, 30 Beverly Hills employers reported $5.7M in premiums and $5.9M in broker pay for 46,572 participants; in 2024 it was $6.0M and $7.2M for 22,385 participants (premiums +5.0%, broker pay +21.0%).

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 Beverly Hills employers pay health insurance brokers?

29 Beverly Hills employers reported $7,194,181 in broker commissions and fees on their 2024 Form 5500 filings, 27 of them disclosing at least some compensation. Too few fully insured medical plans in Beverly Hills reported premium to compute a stable commission rate; the California median is 4.0% and the U.S. median is 3.8%. In dollars, the median Beverly Hills employer that disclosed broker pay reported $171,276.

Which Beverly Hills employers have the largest health plans?

By insurance premium reported for 2024, Platinum Equity, LLC ($5.5M), Archival Foundation ($377,609), Studio 71, LP ($184,973) lead. 25 Beverly Hills employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Beverly Hills?

By compensation reported by Beverly Hills employers, the largest brokers are Lockton ($1.3M, 5 plans), Gallagher ($1.3M, 3 plans), Mercer ($1.1M, 4 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Blue Cross of California, Blue Shield of California.

Are Beverly Hills employer health plans self-funded or fully insured?

Of 29 Beverly Hills employer plans, 7 are fully insured, 4 are self-funded and 18 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 California

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