Arvada, Colorado employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
15 employers in Arvada, Colorado filed health plans with 100 or more participants for plan year 2024, covering 14,756 participants. They reported $0 in insurance premiums and $652,753 in broker commissions and fees. Against 2023, premiums were unchanged and broker pay fell 39.6%.
Funding: 0 fully insured · 10 self-funded · 5 mixed. 15 of 15 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Arvada
Arvada employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Joint Board of Trustees for the Rocky MTN Employers Health Benefit Pla | $0 | $114,651 | 8,864 | The Segal Co Midwest Inc |
| Peak Utility Services Group, Inc. | $0 | $176,658 | 1,639 | USI Insurance Services |
| Operating Engineers Health & Welfare Trust Fund for Colorado | $0 | $10,000 | 1,340 | The Segal Company (eastern States) |
| Lumin8 Transportation Technologies, LLC | $0 | $5,041 | 404 | Alliant Insurance Services |
| Reconstruction Experts, Inc. | $0 | $10,972 | 380 | Lockton |
| Sundyne, LLC | $0 | $21,201 | 352 | USI Insurance Services |
| Trustees-Teamsters Local No. 455 Health and Welfare Fund | $0 | — | 317 | — |
| Kratos Industries LLC | $0 | $10,937 | 214 | Benefit Commerce Group, LLC |
| Barber-Nichols, LLC | $0 | $9,024 | 202 | Alera Group, Inc. |
| Bodan Aksan Ia, LLC | $0 | $22,694 | 202 | USI Insurance Services |
| Susiecakes Holdings, Inc. | $0 | $107,470 | 195 | Marsh McLennan Agency |
| Mark Vii Equipment, Inc. | $0 | $25,901 | 193 | Cottingham and Butler Insuranc |
| Milender White Inc. | $0 | $74,398 | 178 | Flood & Peterson Insurance Inc |
| Interior Contractors Inc, LLC | $0 | $53,533 | 149 | Cia-Leavitt Insurance Agency |
| Sooper Credit Union | $0 | $10,273 | 127 | IMA Financial |
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 Arvada employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| USI Insurance Services | $166,062 | 3 |
| The Segal Co Midwest Inc | $114,651 | 1 |
| Marsh McLennan Agency | $107,470 | 1 |
| Flood & Peterson Insurance Inc | $74,398 | 1 |
| Cia-Leavitt Insurance Agency | $53,533 | 1 |
| AssuredPartners | $52,310 | 1 |
| Cottingham & Butler | $25,901 | 1 |
| Lockton | $10,972 | 1 |
| Benefit Commerce Group | $10,747 | 1 |
| The Segal Company (eastern States) | $10,000 | 1 |
Largest medical carriers
Medical premium written for these employers.
Arvada against Colorado 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.
| Arvada | Colorado | United States | |
|---|---|---|---|
| Employer plans | 15 | 1,040 | 58,547 |
| Median commission rate | n/a | 5.0% | 3.8% |
| Middle half of rates | n/a | 1.8% – 9.3% | 2.7% – 5.0% |
| Median broker pay per employer | $21,948 | $46,030 | $72,628 |
| Medical premium per covered person | n/a | n/a | $7,274 |
| Plans reporting no commission | 0 | 2 | 933 |
Year over year. In plan year 2023, 17 Arvada employers reported $291,640 in premiums and $1.1M in broker pay for 14,901 participants; in 2024 it was $0 and $652,753 for 14,756 participants (broker pay −39.6%).
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 Arvada employers pay health insurance brokers?
15 Arvada employers reported $652,753 in broker commissions and fees on their 2024 Form 5500 filings, 14 of them disclosing at least some compensation. Too few fully insured medical plans in Arvada reported premium to compute a stable commission rate; the Colorado median is 5.0% and the U.S. median is 3.8%. In dollars, the median Arvada employer that disclosed broker pay reported $21,948.
Which Arvada employers have the largest health plans?
By insurance premium reported for 2024, Joint Board of Trustees for the Rocky MTN Employers Health Benefit Pla ($0), Peak Utility Services Group, Inc. ($0), Operating Engineers Health & Welfare Trust Fund for Colorado ($0) lead. 15 Arvada employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Arvada?
By compensation reported by Arvada employers, the largest brokers are USI Insurance Services ($166,062, 3 plans), The Segal Co Midwest Inc ($114,651, 1 plans), Marsh McLennan Agency ($107,470, 1 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Unitedhealthcare Insurance Company, Humana Insurance Company.
Are Arvada employer health plans self-funded or fully insured?
Of 15 Arvada employer plans, 0 are fully insured, 10 are self-funded and 5 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 Colorado
Is your company on this page? Get its Form 5500 read next to the Arvada, Colorado 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.