Lakewood, Colorado employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
30 employers in Lakewood, Colorado filed health plans with 100 or more participants for plan year 2024, covering 17,252 participants. They reported $6.1M in insurance premiums and $3.0M in broker commissions and fees. Against 2023, premiums were up 16.1% and broker pay rose 17.0%.
Funding: 2 fully insured · 16 self-funded · 12 mixed. 28 of 30 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Lakewood
Lakewood employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Mesa Laboratories, Inc. | $4,505,884 | $9,456 | 477 | Marsh McLennan Agency |
| Encore Electric, Inc. | $444,864 | $75,280 | 1,012 | Lockton |
| Personal Assistance Services of Colorado, LLC | $327,825 | $104,718 | 736 | Benefit Health Advisor |
| Arc Thrift Stores Inc | $250,134 | $167,591 | 1,200 | Gallagher |
| Orthocolorado Hospital | $232,984 | $458,437 | 127 | Lockton |
| Martin/Martin Inc | $195,045 | $20,050 | 338 | Hays Companies |
| Developmental Disabilities Resource Center | $159,786 | $7,283 | 335 | Brown & Brown |
| Firstbank Holding Company | $0 | $98,429 | 2,095 | Mercer |
| Vitamin Cottage Natural Food Markets Inc | $0 | $169,796 | 1,830 | Cheryl Golenda Insurance Agency, in |
| Terumo BCT | $0 | $303,337 | 1,626 | Mercer |
| All Aboard America Holdings, Inc. | $0 | $379,626 | 1,596 | Brown & Brown |
| Jacobs Entertainment, Inc. | $0 | $323,579 | 1,483 | Gallagher |
| Colorado Christian University | $0 | $6,499 | 466 | Watchtower Technologies, Inc. |
| Aas Services, LLC | $0 | $36,055 | 458 | HUB International |
| Infusion Services Management LLC | $0 | $235,231 | 432 | Lockton |
| Christy Sports, LLC | $0 | $19,176 | 364 | James R. Nelligan and Associates |
| Catamount Constructors, Inc. | $0 | $69,371 | 338 | Gallagher |
| Learning Network LLC | $0 | $10,378 | 290 | Brown & Brown |
| Phased Right Incorporated | $0 | — | 270 | — |
| Energy Fuels Resources USA Inc | $0 | $217,566 | 219 | Weller Investment & Insurance, LLC |
| Ludvik Electric Co. | $0 | $39,431 | 215 | Lockton |
| Rocla Concrete Tie, Inc. | $0 | $15,256 | 214 | Lockton |
| Aventia Operations LLC | $0 | $75,058 | 177 | Lockton |
| Rocky Mountain Gastroenterology Associates PLLC | $0 | $41,319 | 170 | IMA Financial |
| Credit Union of Denver | $0 | $26,166 | 165 | OneDigital |
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 Lakewood employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Lockton | $653,434 | 6 |
| Gallagher | $525,915 | 4 |
| Mercer | $381,728 | 3 |
| Brown & Brown | $281,066 | 5 |
| Weller Investment & Insurance, LLC | $164,504 | 1 |
| Hays Companies | $129,829 | 2 |
| Cheryl Golenda Insurance Agency, in | $119,800 | 1 |
| IMA Financial | $118,088 | 3 |
| Bcinsourcing, LLC | $108,353 | 1 |
| Professional Group Plans, Inc. | $89,976 | 2 |
Largest medical carriers
Medical premium written for these employers.
Lakewood 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.
| Lakewood | Colorado | United States | |
|---|---|---|---|
| Employer plans | 30 | 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 | $41,319 | $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, 35 Lakewood employers reported $5.3M in premiums and $2.6M in broker pay for 17,417 participants; in 2024 it was $6.1M and $3.0M for 17,252 participants (premiums +16.1%, broker pay +17.0%).
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 Lakewood employers pay health insurance brokers?
30 Lakewood employers reported $3,047,503 in broker commissions and fees on their 2024 Form 5500 filings, 29 of them disclosing at least some compensation. Too few fully insured medical plans in Lakewood 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 Lakewood employer that disclosed broker pay reported $41,319.
Which Lakewood employers have the largest health plans?
By insurance premium reported for 2024, Mesa Laboratories, Inc. ($4.5M), Encore Electric, Inc. ($444,864), Personal Assistance Services of Colorado, LLC ($327,825) lead. 25 Lakewood employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Lakewood?
By compensation reported by Lakewood employers, the largest brokers are Lockton ($653,434, 6 plans), Gallagher ($525,915, 4 plans), Mercer ($381,728, 3 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Rocky Mountain Hospital & Medical Service, Inc., Kaiser Foundation Health Plan of Colorado.
Are Lakewood employer health plans self-funded or fully insured?
Of 30 Lakewood employer plans, 2 are fully insured, 16 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 Colorado
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