BenefitsLedger
City · Plan year 2024 · Form 5500

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

Updated plan year 2024, the most recent complete year

42 employers in Corona, California filed health plans with 100 or more participants for plan year 2024, covering 19,050 participants. They reported $5.4M in insurance premiums and $4.6M in broker commissions and fees. Against 2023, premiums were up 888.7% and broker pay rose 29.7%.

Employer plans
42
19,050 participants
Premiums
$5.4M
+888.7% vs 2023
Broker pay
$4.6M
+29.7% vs 2023 · 42 disclosed
Median rate
n/a
too few insured medical plans

Funding: 29 fully insured · 2 self-funded · 11 mixed. 13 of 42 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Corona

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

EmployerPremiumsBroker payParticipantsTop broker
Paramount Residential Mortgage Group$5,191,193$453,0421,261Willis Towers Watson
K&N Engineering, Inc.$188,604$168,347567Gallagher
Signature Healthcare Services, LLC$0$36,9714,141Marsh McLennan Agency
Monster Beverage Corporation$0$88,3023,488Boston Insurance Services LLC
Robertsons Ready Mix$0$666,5401,581HUB International
Latitude 36 Foods LLC$0$397,270934Flood & Peterson Ins Inc
Rice Services, Inc.$0$168,255672USI Insurance Services
HP Communications, Inc.$0$439,170544Michael Pendleton
Palos Verdes Building Corporation dba$0$171,903422Marsh McLennan Agency
Boudreau Pipeline Corporation$0$86,836349Bolton & Company
Fleetwood Aluminum Products, LLC$0$18,026313Sullivan Curtis Monroe Ins. SVCS.
MJSC Holdings LLC$0$69,116269HUB International
Irwin International, Inc.$0$43,088259Acrisure
Excel Cabinets, Inc.$0$34,788239Tutton & Associates Insurance SVCS
True Air Mechanical$0$78,916236Acrisure
Thoro Packaging$0$180,842233Milestone Insurance Brokers Inc.
Ldi Mechanical, Inc.$0$27,583229Aon
United Metal Products Inc.$0$61,274183Team Good Guy Insurance Services
All American Asphalt$0$117,508179Nixon Benefits
Advanced Flow Engineering, Inc.$0$48,761173Marsh McLennan Agency
Plumbing Concepts, Inc.$0$57,367163The Baldwin Group
Automated Gate Services$0$103,988157Silberstein Insurance Group
Independent Options, Inc.$0$104,278152Lockton
Architectural Design & Signs, Inc.$0$35,288147Gallagher
TRM Manufacturing, Inc.$0$42,066139PCF Insurance Services of the West

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

Largest medical carriers

Medical premium written for these employers.

Corona 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.

CoronaCaliforniaUnited States
Employer plans426,83658,547
Median commission raten/a4.0%3.8%
Middle half of ratesn/a0.6% – 6.3%2.7% – 5.0%
Median broker pay per employer$60,023$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, 40 Corona employers reported $544,101 in premiums and $3.6M in broker pay for 19,949 participants; in 2024 it was $5.4M and $4.6M for 19,050 participants (premiums +888.7%, broker pay +29.7%).

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 Corona employers pay health insurance brokers?

42 Corona employers reported $4,648,743 in broker commissions and fees on their 2024 Form 5500 filings, 42 of them disclosing at least some compensation. Too few fully insured medical plans in Corona 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 Corona employer that disclosed broker pay reported $60,023.

Which Corona employers have the largest health plans?

By insurance premium reported for 2024, Paramount Residential Mortgage Group ($5.2M), K&N Engineering, Inc. ($188,604), Signature Healthcare Services, LLC ($0) lead. 25 Corona employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Corona?

By compensation reported by Corona employers, the largest brokers are HUB International ($858,274, 6 plans), Michael Pendleton ($439,170, 1 plans), Marsh McLennan Agency ($401,667, 6 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Cigna Healthcare of California, Kaiser Foundation Health Plan, Inc..

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

Of 42 Corona employer plans, 29 are fully insured, 2 are self-funded and 11 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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