Lake Mary, Florida employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
26 employers in Lake Mary, Florida filed health plans with 100 or more participants for plan year 2024, covering 12,550 participants. They reported $13M in insurance premiums and $3.6M in broker commissions and fees. Against 2023, premiums were up 24.3% and broker pay rose 17.3%.
Funding: 5 fully insured · 11 self-funded · 10 mixed. 21 of 26 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Lake Mary
Lake Mary employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Florida Food Products, LLC | $4,596,296 | $256,423 | 450 | Alliant Insurance Services |
| Faro Technologies, Inc | $4,087,667 | $253,591 | 411 | Mercer |
| Retina Florida MSO, LLC | $2,720,066 | $211,162 | 100 | Levi & Associates Insurance |
| Quality Manufacturing Services, Inc. | $878,103 | $46,056 | 155 | Alliant Insurance Services |
| Elite Wireless Group, LLC | $441,026 | $17,815 | 153 | USI Insurance Services |
| Mitsubishi Power Americas, Inc. | $0 | $27,115 | 2,534 | Insurance Office of America, Inc. |
| Centralsquare Technologies, LLC | $0 | $368,032 | 1,311 | Lockton |
| Finastra USA Corporation | $0 | $12,079 | 1,051 | Lockton |
| Qualus Power Services Corp | $0 | $258,214 | 699 | Willis Towers Watson |
| Del-Air Heating, Air Conditioning & Refrigeration, LLC | $0 | $115,564 | 570 | OneDigital |
| Frontline Insurance Managers, Inc. | $0 | $78,692 | 538 | Insurance Office of America |
| RLS (USA), Inc. | $0 | $101,701 | 502 | Relation Insurance |
| Tbi Airport Management, Inc. | $0 | $381,437 | 478 | USI Insurance Services |
| Addition Financial Credit Union | $0 | $383,003 | 415 | Hylant |
| Accesso | $0 | $109,951 | 407 | MFB Financial dba the Bailey Group |
| Turningpoint Healthcare Solutions, LLC | $0 | $62,186 | 399 | Mercer |
| Village Farms L.P. | $0 | $34,867 | 367 | Mercer |
| North American Risk Services, Inc. | $0 | $284,059 | 326 | — |
| Alcanza Clinical Research, LLC | $0 | $49,090 | 320 | — |
| Mortgage Lenders Investment Trading | $0 | $12,451 | 260 | Hylant |
| Medwatch, LLC. | $0 | $49,000 | 252 | Insurance Office of America |
| Institute of Internal Auditors, Inc. | $0 | $151,680 | 213 | Marsh McLennan Agency |
| Spectrum Medical Partners Holdings, LLC | $0 | $125,107 | 192 | The Baldwin Group |
| Command Investigations LLC | $0 | $36,974 | 167 | Marsh McLennan Agency |
| Club Assist US, LLC | $0 | $71,244 | 144 | Lockton |
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 Lake Mary employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Hylant | $530,520 | 3 |
| Lockton | $447,674 | 3 |
| USI Insurance Services | $407,724 | 3 |
| Mercer | $350,866 | 4 |
| Marsh McLennan Agency | $210,467 | 4 |
| Willis Towers Watson | $179,192 | 1 |
| Alliant Insurance Services | $177,682 | 2 |
| Levi & Associates Insurance | $163,204 | 1 |
| Insurance Office of America | $146,179 | 3 |
| The Baldwin Group | $121,246 | 1 |
Largest medical carriers
Medical premium written for these employers.
Lake Mary against Florida 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.
| Lake Mary | Florida | United States | |
|---|---|---|---|
| Employer plans | 26 | 3,039 | 58,547 |
| Median commission rate | n/a | 4.6% | 3.8% |
| Middle half of rates | n/a | 3.7% – 5.2% | 2.7% – 5.0% |
| Median broker pay per employer | $105,826 | $83,531 | $72,628 |
| Medical premium per covered person | n/a | $9,849 | $7,274 |
| Plans reporting no commission | 0 | 39 | 933 |
Year over year. In plan year 2023, 26 Lake Mary employers reported $10M in premiums and $3.1M in broker pay for 12,174 participants; in 2024 it was $13M and $3.6M for 12,550 participants (premiums +24.3%, broker pay +17.3%).
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 Lake Mary employers pay health insurance brokers?
26 Lake Mary employers reported $3,636,004 in broker commissions and fees on their 2024 Form 5500 filings, 26 of them disclosing at least some compensation. Too few fully insured medical plans in Lake Mary reported premium to compute a stable commission rate; the Florida median is 4.6% and the U.S. median is 3.8%. In dollars, the median Lake Mary employer that disclosed broker pay reported $105,826.
Which Lake Mary employers have the largest health plans?
By insurance premium reported for 2024, Florida Food Products, LLC ($4.6M), Faro Technologies, Inc ($4.1M), Retina Florida MSO, LLC ($2.7M) lead. 25 Lake Mary employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Lake Mary?
By compensation reported by Lake Mary employers, the largest brokers are Hylant ($530,520, 3 plans), Lockton ($447,674, 3 plans), USI Insurance Services ($407,724, 3 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Florida, Cigna Health and Life Insurance Company, Health Options.
Are Lake Mary employer health plans self-funded or fully insured?
Of 26 Lake Mary employer plans, 5 are fully insured, 11 are self-funded and 10 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 Florida
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