Fort Collins, Colorado employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
36 employers in Fort Collins, Colorado filed health plans with 100 or more participants for plan year 2024, covering 24,296 participants. They reported $14M in insurance premiums and $3.0M in broker commissions and fees. Against 2023, premiums were up 6.9% and broker pay rose 0.3%.
Funding: 2 fully insured · 26 self-funded · 8 mixed. 34 of 36 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Fort Collins
Fort Collins employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Woodward, Inc. | $5,716,111 | $664,588 | 6,172 | Willis Towers Watson |
| Novus Ag, LLC | $4,193,240 | $208,263 | 401 | Lockton |
| Heart Centered Counseling Inc | $3,619,646 | $523,346 | 7,969 | American Benefits Consulting, LLC |
| Columbine Health Systems | $280,483 | $55,676 | 628 | Lockton |
| Panorama Eye Care, LLC | $188,935 | $53,142 | 455 | Gallagher |
| Forney Industries, Inc. | $60,094 | $20,329 | 106 | Shirazi Miller Benefits, LLC. |
| The Neenan Company, LLLP | $50,510 | $8,222 | 103 | Brown & Brown |
| New Belgium Brewing Company, Inc. | $0 | $95,466 | 1,320 | AssuredPartners |
| Tolmar, Inc. | $0 | $111,202 | 975 | AssuredPartners |
| Otter Products, LLC dba Otterbox | $0 | $32,666 | 763 | Assured Equity Management Corp. |
| Orthopaedic & Spine Center of the Rockies | $0 | $104,949 | 565 | Shirazi-Miller Benefits, LLC |
| Summitstone Health Partners | $0 | $106,330 | 520 | Shirazi Miller Benefits, LLC. |
| Elic - English Language Institute/China | $0 | $129,361 | 424 | CFM Insurance |
| Madwire, LLC | $0 | $76,259 | 361 | Lockton |
| In-Situ, Inc. | $0 | $19,504 | 234 | AssuredPartners |
| Connell Resources, Inc | $0 | $90,216 | 231 | HUB International |
| Noble Casing, Inc. | $0 | $2,805 | 228 | Flood & Peterson Insurance Inc |
| Breeze Thru Car Wash, LLC | $0 | $20,681 | 207 | Gallagher |
| Walker Manufacturing Company | $0 | $21,795 | 207 | AssuredPartners |
| Encompass Technologies Development | $0 | $13,084 | 200 | Abd Ins. and Financial SVCS., Inc. |
| Super Vacuum Manufacturing Co. Inc. | $0 | $14,262 | 192 | Shirazi-Miller Benefits, LLC. |
| Mader Corporation | $0 | $19,242 | 180 | Shirazi-Miller Benefits LLC |
| Billgo, Inc. | $0 | $129,299 | 176 | Lockton |
| Prosci, Inc. | $0 | $144,405 | 169 | Lockton |
| D&A Enterprises, Inc. | $0 | $7,590 | 159 | Shirazi Miller Benefits LLC |
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 Fort Collins employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Willis Towers Watson | $626,189 | 2 |
| Lockton | $575,381 | 5 |
| Shirazi-Miller Benefits, LLC | $303,784 | 10 |
| American Benefits Consulting LLC | $277,487 | 1 |
| Alliant Insurance Services | $222,998 | 1 |
| AssuredPartners | $210,194 | 6 |
| Flood & Peterson Insurance Inc | $104,517 | 3 |
| HUB International | $97,416 | 2 |
| Amwins Group Benefits, LLC | $60,142 | 1 |
| Gallagher | $56,996 | 4 |
Largest medical carriers
Medical premium written for these employers.
Fort Collins 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.
| Fort Collins | Colorado | United States | |
|---|---|---|---|
| Employer plans | 36 | 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 | $38,104 | $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, 38 Fort Collins employers reported $13M in premiums and $3.0M in broker pay for 22,432 participants; in 2024 it was $14M and $3.0M for 24,296 participants (premiums +6.9%, broker pay +0.3%).
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 Fort Collins employers pay health insurance brokers?
36 Fort Collins employers reported $3,027,365 in broker commissions and fees on their 2024 Form 5500 filings, 36 of them disclosing at least some compensation. Too few fully insured medical plans in Fort Collins 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 Fort Collins employer that disclosed broker pay reported $38,104.
Which Fort Collins employers have the largest health plans?
By insurance premium reported for 2024, Woodward, Inc. ($5.7M), Novus Ag, LLC ($4.2M), Heart Centered Counseling Inc ($3.6M) lead. 25 Fort Collins employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Fort Collins?
By compensation reported by Fort Collins employers, the largest brokers are Willis Towers Watson ($626,189, 2 plans), Lockton ($575,381, 5 plans), Shirazi-Miller Benefits, LLC ($303,784, 10 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Kansas City, Cigna Health and Life Insurance Company, Kaiser Foundation Health Plan, Inc..
Are Fort Collins employer health plans self-funded or fully insured?
Of 36 Fort Collins employer plans, 2 are fully insured, 26 are self-funded and 8 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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