Morgan Hill, California employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
20 employers in Morgan Hill, California filed health plans with 100 or more participants for plan year 2024, covering 6,402 participants. They reported $144,472 in insurance premiums and $2.2M in broker commissions and fees. Against 2023, premiums were down 10.4% and broker pay fell 7.2%.
Funding: 6 fully insured · 2 self-funded · 12 mixed. 14 of 20 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Morgan Hill
Morgan Hill employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Lin Engineering, Inc. | $144,472 | $137,427 | 147 | Marsh McLennan Agency |
| Catalyst Family Inc. | $0 | $282,445 | 1,124 | Willis Towers Watson |
| Specialized Bicycle Components | $0 | $144,169 | 785 | Abd Ins. and Financial SVCS., Inc. |
| Anritsu Company | $0 | $315,565 | 507 | Liberty Company Insurance Brokers |
| Paramit Corporation | $0 | $280,975 | 505 | Marsh McLennan Agency |
| Specialized Retail Stores LLC | $0 | $39,452 | 505 | Abd Ins. and Financial SVCS., Inc. |
| Lusamerica Foods | $0 | $154,945 | 497 | Pacific Coast Benefits Insurance |
| Toray Advanced Composites | $0 | $66,466 | 457 | Hilb Group of New England |
| George Chiala Farms, Inc. | $0 | $94,194 | 371 | Alliant Insurance Services |
| Pacific States Industries, Inc. | $0 | $25,819 | 239 | RSC Insurance Brokerage, Inc. |
| Shoe Palace Corporation | $0 | $18,588 | 156 | Filice Insurance Services |
| California Door & Drawer | $0 | $69,775 | 154 | EPIC Insurance Brokers |
| Shopmonkey Inc. | $0 | $125,681 | 139 | Benefits America Ins. SVCS., LLC |
| Psynergy Programs, Inc. | $0 | $8,617 | 129 | Lila S. Gee |
| Marki Microwave, Inc. | $0 | $29,960 | 124 | USI Insurance Services |
| Serrano Electric, Inc. | $0 | $67,881 | 121 | Acrisure |
| Ursus, Inc. | $0 | $52,838 | 114 | Abd Ins. and Financial SVCS., Inc. |
| Mission Bell Holdings, Inc. | $0 | $103,422 | 113 | The James B Oswald Company |
| Andpak Inc. | $0 | $78,591 | 112 | HUB International |
| Ford Store Morgan Hill | $0 | $67,385 | 103 | EPIC Insurance Brokers |
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 Morgan Hill employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Marsh McLennan Agency | $391,127 | 2 |
| Liberty Company Insurance Brokers | $288,912 | 1 |
| Willis Towers Watson | $282,445 | 1 |
| Abd Ins. and Financial SVCS., Inc. | $236,246 | 4 |
| Pacific Coast Benefits | $154,945 | 1 |
| EPIC Insurance Brokers | $122,024 | 2 |
| Benefits America Ins SVCS, LLC | $109,633 | 1 |
| James B. Oswald Company | $98,684 | 1 |
| HUB International | $78,591 | 1 |
| Acrisure | $67,172 | 2 |
Largest medical carriers
Medical premium written for these employers.
Morgan Hill 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.
| Morgan Hill | California | United States | |
|---|---|---|---|
| Employer plans | 20 | 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 | $74,183 | $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, 19 Morgan Hill employers reported $161,315 in premiums and $2.3M in broker pay for 7,245 participants; in 2024 it was $144,472 and $2.2M for 6,402 participants (premiums −10.4%, broker pay −7.2%).
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 Morgan Hill employers pay health insurance brokers?
20 Morgan Hill employers reported $2,164,195 in broker commissions and fees on their 2024 Form 5500 filings, 20 of them disclosing at least some compensation. Too few fully insured medical plans in Morgan Hill 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 Morgan Hill employer that disclosed broker pay reported $74,183.
Which Morgan Hill employers have the largest health plans?
By insurance premium reported for 2024, Lin Engineering, Inc. ($144,472), Catalyst Family Inc. ($0), Specialized Bicycle Components ($0) lead. 20 Morgan Hill employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Morgan Hill?
By compensation reported by Morgan Hill employers, the largest brokers are Marsh McLennan Agency ($391,127, 2 plans), Liberty Company Insurance Brokers ($288,912, 1 plans), Willis Towers Watson ($282,445, 1 plans). By medical premium, the largest carriers are Blue Cross of California, Kaiser Foundation Health Plan, Inc., Cigna Health and Life Insurance Company.
Are Morgan Hill employer health plans self-funded or fully insured?
Of 20 Morgan Hill employer plans, 6 are fully insured, 2 are self-funded and 12 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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