Westminster, Colorado employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
16 employers in Westminster, Colorado filed health plans with 100 or more participants for plan year 2024, covering 25,505 participants. They reported $514,317 in insurance premiums and $1.4M in broker commissions and fees. Against 2023, premiums were down 1.8% and broker pay fell 12.2%.
Funding: 1 fully insured · 11 self-funded · 4 mixed. 15 of 16 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Westminster
Westminster employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Alten US | $447,943 | $93,464 | 788 | USI Insurance Services |
| Intervention, Inc. | $66,374 | $65,805 | 256 | AssuredPartners |
| Ball Corporation | $0 | $255,856 | 10,553 | Willis Towers Watson |
| Trimble Inc. | $0 | $385,245 | 5,014 | Mercer |
| Maxar Technologies Inc. | $0 | $291,598 | 3,881 | Lockton |
| Sagility Operations, Inc. | $0 | $76,146 | 1,959 | Cottingham & Butler Insurance |
| Mtech Mechanical Technologies Group, Inc. | $0 | $61,279 | 572 | IMA Financial |
| Alpine Lumber Company | $0 | $7,203 | 561 | Brown & Brown |
| Soil-Nail Holdings, LLC | $0 | $9,712 | 492 | IMA Financial |
| Zeb Buyer LLC | $0 | $23,963 | 430 | Lockton |
| Community Reach Center Systems, Inc | $0 | $20,794 | 307 | Mercer |
| Claremont Foods, LLC | $0 | $70,426 | 155 | AssuredPartners |
| Rep Fitness, LLC | $0 | $3,127 | 151 | Hays Companies |
| North Metro Community Services Inc. | $0 | $28 | 149 | Brown & Brown |
| Surfacecycle, Inc. | $0 | — | 137 | — |
| Photon Brothers, Inc. | $0 | $19,727 | 100 | USI Insurance Services |
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 Westminster employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Mercer | $293,811 | 2 |
| Willis Towers Watson | $281,980 | 2 |
| Lockton | $242,980 | 2 |
| AssuredPartners | $112,955 | 2 |
| USI Insurance Services | $105,641 | 2 |
| Altc Funding LLC | $82,127 | 1 |
| Cottingham & Butler | $76,146 | 1 |
| HUB International | $75,356 | 2 |
| IMA Financial | $64,676 | 2 |
| Watchtower Technologies Inc | $16,026 | 1 |
Largest medical carriers
Medical premium written for these employers.
Westminster 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.
| Westminster | Colorado | United States | |
|---|---|---|---|
| Employer plans | 16 | 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 | $61,279 | $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, 20 Westminster employers reported $523,958 in premiums and $1.6M in broker pay for 30,198 participants; in 2024 it was $514,317 and $1.4M for 25,505 participants (premiums −1.8%, broker pay −12.2%).
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 Westminster employers pay health insurance brokers?
16 Westminster employers reported $1,384,373 in broker commissions and fees on their 2024 Form 5500 filings, 15 of them disclosing at least some compensation. Too few fully insured medical plans in Westminster 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 Westminster employer that disclosed broker pay reported $61,279.
Which Westminster employers have the largest health plans?
By insurance premium reported for 2024, Alten US ($447,943), Intervention, Inc. ($66,374), Ball Corporation ($0) lead. 16 Westminster employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Westminster?
By compensation reported by Westminster employers, the largest brokers are Mercer ($293,811, 2 plans), Willis Towers Watson ($281,980, 2 plans), Lockton ($242,980, 2 plans). By medical premium, the largest carriers are Kaiser Foundation Health Plan, Inc., Kaiser Foundation Health Plan of Colorado, Aetna Life Insurance Company.
Are Westminster employer health plans self-funded or fully insured?
Of 16 Westminster employer plans, 1 are fully insured, 11 are self-funded and 4 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 Westminster, 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.