El Segundo, California employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
72 employers in El Segundo, California filed health plans with 100 or more participants for plan year 2024, covering 55,223 participants. They reported $1.6M in insurance premiums and $12M in broker commissions and fees. Against 2023, premiums were down 84.0% and broker pay fell 12.0%.
Funding: 11 fully insured · 8 self-funded · 53 mixed. 61 of 72 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in El Segundo
El Segundo employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Infineon Technologies Americas Corp | $717,247 | $511,072 | 3,861 | Aon |
| Directv Entertainment Holdings LLC | $617,518 | $237,215 | 8,048 | Alight Solutions |
| Cetera Financial Group, Inc. | $264,561 | $180,461 | 1,984 | Marsh McLennan Agency |
| The Aerospace Corporation | $0 | $460,822 | 5,487 | Willis Towers Watson |
| Mattel, Inc. | $0 | $143,396 | 3,555 | Eric Shrader |
| EPIC Staffing Group | $0 | $419,935 | 3,237 | Lockton |
| Karl Storz Endoscopy-America, Inc. | $0 | $1,119 | 2,337 | USI Insurance Services |
| Big 5 Corp. | $0 | $89,156 | 2,147 | Signature Financial SVCS GRP LLC |
| Interdent Service Corporation and It's Supported Dental Practices | $0 | $53,051 | 1,629 | Willis Towers Watson |
| Pipeline Health Systems, LLC | $0 | $131,562 | 1,471 | Keenan & Associates |
| MH Sub I, LLC dba Internet Brands | $0 | $408,914 | 1,432 | Marsh McLennan Agency |
| Fabletics, Inc. | $0 | $370,427 | 1,249 | Alliant Insurance Services |
| Nantworks, LLC | $0 | $806,919 | 1,161 | Marsh McLennan Agency |
| Nantmedia Holdings LLC dba California Times | $0 | $312,114 | 989 | Marsh McLennan Agency |
| Millennium Space Systems, Inc | $0 | $136,239 | 965 | Burns Employee Benefits Ins SVC LLC |
| Beyond Meat, Inc. | $0 | $284,952 | 617 | The Baldwin Group |
| Wpromote, LLC | $0 | $196,342 | 585 | Lockton |
| Beachbody, LLC | $0 | $4,446 | 573 | Gallagher |
| Behavior Frontiers, LLC | $0 | $259,436 | 568 | IMA Financial |
| Neogov | $0 | $99,681 | 554 | HUB International |
| Thai Union North America | $0 | $322,395 | 521 | Mercer |
| Pacific Aviation Corporation | $0 | $24,034 | 516 | Willis Towers Watson |
| Belkin International, Inc. | $0 | $254,394 | 489 | Mercer |
| Mendocino Farms, LLC | $0 | $149,351 | 473 | HUB International |
| Nexon America, Inc. | $0 | $247,157 | 452 | HUB International |
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 El Segundo employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Marsh McLennan Agency | $2,663,808 | 14 |
| Lockton | $965,054 | 6 |
| OneDigital | $795,887 | 5 |
| HUB International | $645,121 | 7 |
| Gallagher | $631,310 | 5 |
| Sequoia | $587,742 | 6 |
| Mercer | $587,379 | 3 |
| Aon | $574,252 | 5 |
| Willis Towers Watson | $534,747 | 3 |
| The Baldwin Group | $514,367 | 4 |
Largest medical carriers
Medical premium written for these employers.
El Segundo 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.
| El Segundo | California | United States | |
|---|---|---|---|
| Employer plans | 72 | 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 | $139,196 | $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, 79 El Segundo employers reported $10M in premiums and $14M in broker pay for 65,514 participants; in 2024 it was $1.6M and $12M for 55,223 participants (premiums −84.0%, broker pay −12.0%).
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 El Segundo employers pay health insurance brokers?
72 El Segundo employers reported $12,220,458 in broker commissions and fees on their 2024 Form 5500 filings, 72 of them disclosing at least some compensation. Too few fully insured medical plans in El Segundo 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 El Segundo employer that disclosed broker pay reported $139,196.
Which El Segundo employers have the largest health plans?
By insurance premium reported for 2024, Infineon Technologies Americas Corp ($717,247), Directv Entertainment Holdings LLC ($617,518), Cetera Financial Group, Inc. ($264,561) lead. 25 El Segundo employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in El Segundo?
By compensation reported by El Segundo employers, the largest brokers are Marsh McLennan Agency ($2.7M, 14 plans), Lockton ($965,054, 6 plans), OneDigital ($795,887, 5 plans). By medical premium, the largest carriers are Triple S Salud, Inc., Kaiser Foundation Health Plan, Inc., Aetna Life Insurance Company.
Are El Segundo employer health plans self-funded or fully insured?
Of 72 El Segundo employer plans, 11 are fully insured, 8 are self-funded and 53 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
Is your company on this page? Get its Form 5500 read next to the El Segundo, California medians.
Tell us the company and a specialist writes up what the public Form 5500 record shows for it, if it files one: broker pay against the medians above, fee disclosure and filing timeliness, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.