St. Augustine, Florida employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
20 employers in St. Augustine, Florida filed health plans with 100 or more participants for plan year 2024, covering 8,780 participants. They reported $18M in insurance premiums and $3.0M in broker commissions and fees. Against 2023, premiums were up 4.3% and broker pay rose 31.8%.
Funding: 10 fully insured · 5 self-funded · 5 mixed. 10 of 20 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in St. Augustine
St. Augustine employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| DLP Real Estate Capital Inc. | $2,980,568 | $165,349 | 329 | Equinox Insurance Agency |
| Bozard Ford Company | $2,606,321 | $286,423 | 336 | MFB Financial, Inc |
| Rulon Company | $2,591,113 | $203,396 | 210 | MFB Financial Inc |
| Watson Civil Construction, Inc. | $1,828,146 | $68,100 | 283 | Wingate Insurance Group Inc |
| Ring Power Corporation | $1,823,771 | $954,644 | 2,502 | MFB Financial dba the Bailey Group |
| Owen Electric Company, Inc. | $1,726,758 | $112,961 | 211 | Foundation Risk Partners Corp |
| Flagler Hospital, Inc. | $910,307 | $337,131 | 1,963 | MFB Financial dba the Bailey Group |
| Roy H. Hinman, Ii MD PA dba Island Doctors MSO | $754,418 | $37,885 | 297 | MFB Financial, Inc |
| Interagency Readiness Solutions, LLC | $613,330 | $53,456 | 103 | Business Benefits Group |
| EPIC Community Services, Inc. dba EPIC Behavioral Healthcare | $573,199 | $62,082 | 123 | MFB Financial Inc. |
| Beaver Motors Inc | $526,801 | $35,068 | 272 | USI Insurance Services |
| Ideal Deals, LLC | $504,161 | $36,424 | 103 | MFB Financial dba the Bailey Group |
| Pizzalley's LLC | $307,696 | $14,872 | 124 | MFB Financial Inc |
| Global Maritek Systems, Inc. | $246,870 | $158,780 | 140 | Douglas Doster |
| Brown Jordan Inc. | $0 | $87,404 | 510 | Mercer |
| Historic Tours of America, Inc. | $0 | $106,071 | 435 | Marsh McLennan Agency |
| PRP Logistics LLC | $0 | $123,844 | 351 | The Plexus Groupe LLC |
| The Arc of the ST. Johns, Inc. | $0 | $118,374 | 244 | MFB Financial Inc |
| Veterinary Orthopedic Implants, LLC dba Movora | $0 | $31,477 | 135 | Gallagher |
| Rekcut Photographic dba Leonard's Studio | $0 | $42,390 | 109 | MFB Financial Inc. |
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 St. Augustine employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| MFB Financial dba the Bailey Group | $1,190,815 | 6 |
| MFB Financial Inc | $671,294 | 8 |
| The Plexus Groupe LLC | $123,655 | 1 |
| Marsh McLennan Agency | $106,545 | 2 |
| The Equinox Agency LLC | $93,528 | 1 |
| Mercer | $86,297 | 1 |
| Foundation Risk Partners Corp | $83,923 | 1 |
| Douglas Doster | $83,441 | 1 |
| Bruce Harris | $72,224 | 1 |
| Wingate Insurance Group, Inc. | $68,100 | 1 |
Largest medical carriers
Medical premium written for these employers.
St. Augustine 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.
| St. Augustine | Florida | United States | |
|---|---|---|---|
| Employer plans | 20 | 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 | $96,738 | $83,531 | $72,628 |
| Medical premium per covered person | $9,359 | $9,849 | $7,274 |
| Plans reporting no commission | 0 | 39 | 933 |
Year over year. In plan year 2023, 20 St. Augustine employers reported $17M in premiums and $2.3M in broker pay for 6,503 participants; in 2024 it was $18M and $3.0M for 8,780 participants (premiums +4.3%, broker pay +31.8%).
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 St. Augustine employers pay health insurance brokers?
20 St. Augustine employers reported $3,036,131 in broker commissions and fees on their 2024 Form 5500 filings, 20 of them disclosing at least some compensation. Too few fully insured medical plans in St. Augustine 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 St. Augustine employer that disclosed broker pay reported $96,738.
Which St. Augustine employers have the largest health plans?
By insurance premium reported for 2024, DLP Real Estate Capital Inc. ($3.0M), Bozard Ford Company ($2.6M), Rulon Company ($2.6M) lead. 20 St. Augustine employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in St. Augustine?
By compensation reported by St. Augustine employers, the largest brokers are MFB Financial dba the Bailey Group ($1.2M, 6 plans), MFB Financial Inc ($671,294, 8 plans), The Plexus Groupe LLC ($123,655, 1 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Florida, Health Options, Triple S Salud, Inc..
Are St. Augustine employer health plans self-funded or fully insured?
Of 20 St. Augustine employer plans, 10 are fully insured, 5 are self-funded and 5 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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