Broomfield, Colorado employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
34 employers in Broomfield, Colorado filed health plans with 100 or more participants for plan year 2024, covering 43,100 participants. They reported $16M in insurance premiums and $5.1M in broker commissions and fees. Against 2023, premiums were up 400.2% and broker pay rose 14.4%.
Funding: 6 fully insured · 14 self-funded · 14 mixed. 28 of 34 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Broomfield
Broomfield employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Gogo Business Aviation, LLC | $7,397,378 | $222,051 | 465 | HUB International |
| Conga Corporation | $7,179,241 | $65,430 | 639 | Aon |
| Flatiron Construction Corp. | $869,211 | $2,442 | 1,814 | Brown & Brown |
| Exxel Outdoors, LLC | $610,465 | $5,861 | 199 | Truenorth Companies, L.C. |
| Crocs, Inc. | $110,878 | $88,480 | 2,921 | Mercer |
| Sisters of Charity of Leavenworth Health System | $0 | $90,489 | 13,188 | Willis Towers Watson |
| Vail Corporation d/b/a Vail Associates Inc. | $0 | $180,517 | 7,786 | Mercer |
| Danone North America Public Benefit Corporation | $0 | $644,328 | 4,890 | Marsh McLennan Agency |
| Concurrent Hro, LLC | $0 | $1,044,473 | 2,426 | AssuredPartners |
| Navajo Transitional Energy Company, LLC | $0 | $18,511 | 1,059 | Willis Towers Watson |
| Viega, LLC | $0 | $105,442 | 1,049 | Lockton |
| Noodles & Company | $0 | $32,812 | 901 | National Enrollment Partners, LLC |
| Lignetics | $0 | $389,760 | 635 | Lockton |
| DMC Global Inc. | $0 | $394,504 | 512 | USI Insurance Services |
| Elevations Credit Union | $0 | $27,727 | 484 | Mercer |
| MWH Constructors, Inc. | $0 | $480,038 | 483 | Lockton |
| Partners Group (USA) Inc. | $0 | $266,894 | 455 | Benefit Management Solutions, Inc. |
| Logrhythm, Inc. | $0 | $142,985 | 349 | Alliant Insurance Services |
| Premier Members Credit Union | $0 | $223,324 | 302 | Benefit Commerce GRP, an Alera GRP |
| Bisti Fuels Company, LLC | $0 | — | 282 | — |
| Quantinuum | $0 | $46,337 | 259 | Holmes Murphy |
| Cerapedics, Inc. | $0 | $254,563 | 255 | Higginbotham |
| Thirdera, LLC | $0 | $132,924 | 249 | NFP |
| CML Security, LLC | $0 | — | 193 | — |
| Inreach Health (rural Partners in Medicine Holdings LLC) | $0 | $22,602 | 191 | Oci Insurance and Financial Service |
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 Broomfield employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Lockton | $961,573 | 5 |
| AssuredPartners | $866,196 | 1 |
| Marsh McLennan Agency | $649,872 | 2 |
| USI Insurance Services | $456,912 | 3 |
| Mercer | $273,669 | 4 |
| Insurance Management Services | $266,894 | 1 |
| Higginbotham | $254,563 | 1 |
| NFP | $233,988 | 3 |
| Alliant Insurance Services | $178,348 | 3 |
| GBS Benefits Inc | $152,270 | 1 |
Largest medical carriers
Medical premium written for these employers.
Broomfield 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.
| Broomfield | Colorado | United States | |
|---|---|---|---|
| Employer plans | 34 | 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 | $65,430 | $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, 34 Broomfield employers reported $3.2M in premiums and $4.5M in broker pay for 39,172 participants; in 2024 it was $16M and $5.1M for 43,100 participants (premiums +400.2%, broker pay +14.4%).
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 Broomfield employers pay health insurance brokers?
34 Broomfield employers reported $5,120,686 in broker commissions and fees on their 2024 Form 5500 filings, 31 of them disclosing at least some compensation. Too few fully insured medical plans in Broomfield 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 Broomfield employer that disclosed broker pay reported $65,430.
Which Broomfield employers have the largest health plans?
By insurance premium reported for 2024, Gogo Business Aviation, LLC ($7.4M), Conga Corporation ($7.2M), Flatiron Construction Corp. ($869,211) lead. 25 Broomfield employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Broomfield?
By compensation reported by Broomfield employers, the largest brokers are Lockton ($961,573, 5 plans), AssuredPartners ($866,196, 1 plans), Marsh McLennan Agency ($649,872, 2 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Blue Cross and Blue Shield of Alabama, Triple S Salud, Inc..
Are Broomfield employer health plans self-funded or fully insured?
Of 34 Broomfield employer plans, 6 are fully insured, 14 are self-funded and 14 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
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