Cypress, California employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
26 employers in Cypress, California filed health plans with 100 or more participants for plan year 2024, covering 70,003 participants. They reported $1.6M in insurance premiums and $3.4M in broker commissions and fees. Against 2023, premiums were down 74.0% and broker pay rose 22.2%.
Funding: 8 fully insured · 0 self-funded · 18 mixed. 18 of 26 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Cypress
Cypress employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Mitsubishi Electric US, Inc. | $1,159,415 | $160,970 | 3,268 | Willis Towers Watson |
| Multiquip Inc | $446,345 | $518,924 | 626 | Gallagher |
| Board of Trustees, United Food and Commercial Workers | $0 | — | 54,553 | — |
| Yamaha Motor Corporation, USA | $0 | $610,756 | 4,845 | Mercer |
| WKS Restaurant Corporation | $0 | $70,467 | 902 | Ubf Insurance Services, Inc. |
| Exemplis LLC | $0 | $51,095 | 612 | Mercer |
| Bar Bakers, LLC dba Tandem Foods | $0 | $109,742 | 518 | The Baldwin Group |
| Daylight Transport, LLC | $0 | $30,950 | 472 | USI Insurance Services |
| Hybrid Promotions LLC | $0 | $193,373 | 469 | Bolton Insurance Services, LLC |
| Argus Medical Management | $0 | $150,794 | 469 | Acrisure |
| Christie Digital USA, Inc. | $0 | $185,914 | 458 | HUB International |
| Vanguard Logistics Services (USA) Inc. | $0 | $194,675 | 400 | USI Insurance Services |
| FM Restaurants LLC | $0 | $132,151 | 239 | Mercer |
| F2tps, LLC | $0 | $73,545 | 232 | Combined Benefits Inc |
| Primary Color Systems Corporation | $0 | $68,519 | 231 | Heffernan |
| Earth Friendly Products | $0 | $93,769 | 230 | Sure Life Financial Group LLC |
| Scientific Applications & Research Associates, Inc. | $0 | $187,574 | 212 | Marsh McLennan Agency |
| Speedo USA, Inc. | $0 | $63,532 | 194 | Fna Insurance Services Inc. |
| LT Foods Americas, Inc. | $0 | $36,365 | 188 | World Insurance Associates |
| Q-Tech Corporation | $0 | $107,172 | 155 | The Meltzer Group, Inc |
| Ushio America, Inc. | $0 | $96,520 | 152 | HUB International |
| Epost Global, LLC | $0 | $59,598 | 135 | HUB International |
| Kindness General Contractors Inc. | $0 | $59,707 | 123 | Relation Insurance |
| Hyatt Die Cast & Enineering | $0 | $60,379 | 117 | Entente Administrators, LLC |
| Dameron Alloy Foundries Corporation | $0 | $48,145 | 103 | Bryson Insurance Agency, Inc. |
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 Cypress employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Mercer | $704,730 | 3 |
| Gallagher | $494,530 | 1 |
| Marsh McLennan Agency | $343,361 | 5 |
| HUB International | $337,649 | 3 |
| USI Insurance Services | $217,961 | 2 |
| Willis Towers Watson | $150,944 | 1 |
| The Meltzer Group Inc | $106,223 | 1 |
| Bolton Insurance Services LLC | $85,133 | 1 |
| The Baldwin Group | $80,525 | 1 |
| Acrisure | $79,228 | 1 |
Largest medical carriers
Medical premium written for these employers.
Cypress 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.
| Cypress | California | United States | |
|---|---|---|---|
| Employer plans | 26 | 6,836 | 58,547 |
| Median commission rate | n/a | 4.0% | 3.8% |
| Middle half of rates | n/a | 0.6% – 6.3% | 2.7% – 5.0% |
| Median broker pay per employer | $93,769 | $104,298 | $72,628 |
| Medical premium per covered person | n/a | $6,689 | $7,274 |
| Plans reporting no commission | 0 | 25 | 933 |
Year over year. In plan year 2023, 20 Cypress employers reported $6.2M in premiums and $2.8M in broker pay for 68,610 participants; in 2024 it was $1.6M and $3.4M for 70,003 participants (premiums −74.0%, broker pay +22.2%).
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 Cypress employers pay health insurance brokers?
26 Cypress employers reported $3,366,210 in broker commissions and fees on their 2024 Form 5500 filings, 25 of them disclosing at least some compensation. Too few fully insured medical plans in Cypress 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 Cypress employer that disclosed broker pay reported $93,769.
Which Cypress employers have the largest health plans?
By insurance premium reported for 2024, Mitsubishi Electric US, Inc. ($1.2M), Multiquip Inc ($446,345), Board of Trustees, United Food and Commercial Workers ($0) lead. 25 Cypress employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Cypress?
By compensation reported by Cypress employers, the largest brokers are Mercer ($704,730, 3 plans), Gallagher ($494,530, 1 plans), Marsh McLennan Agency ($343,361, 5 plans). By medical premium, the largest carriers are Aetna Life Insurance Company, Bluecross Blueshield of Illinois, Kaiser Foundation Health Plan, Inc..
Are Cypress employer health plans self-funded or fully insured?
Of 26 Cypress employer plans, 8 are fully insured, 0 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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