St. Petersburg, Florida employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
64 employers in St. Petersburg, Florida filed health plans with 100 or more participants for plan year 2024, covering 272,567 participants. They reported $337M in insurance premiums and $17M in broker commissions and fees. The median broker rate on commission-paying, fully insured medical plans was 5.0% of premium, against 4.6% across Florida and 3.8% nationally. Against 2023, premiums were up 44.3% and broker pay rose 34.6%.
Funding: 28 fully insured · 18 self-funded · 18 mixed. 36 of 64 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in St. Petersburg
St. Petersburg employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Paychex Business Solutions LLC | $252,559,425 | $5,763,112 | 197,994 | Compass Consulting Group, LLC |
| The S2 HR Solutions Group 1, LLC | $39,397,258 | $3,076,654 | 21,305 | Engage Insurance Agency |
| Decisionhr Holdings, Inc | $17,271,210 | $1,711,120 | 1,094 | Compass Consulting Group LLC |
| Capital Resorts LLC | $4,312,691 | $623,623 | 1,789 | Marsh McLennan Agency |
| America Ii Corp. | $2,531,773 | $138,522 | 267 | Gallagher |
| Florida Pediatric Associate LLC | $2,298,813 | $146,368 | 259 | Acrisure |
| Society of ST. Vincent de Paul South Pinellas, Inc. | $2,099,457 | $109,372 | 238 | Marsh McLennan Agency |
| R Club Child Care Inc | $2,036,689 | $9,013 | 150 | Brown & Brown |
| Dynasty Financial Partners, LLC | $1,932,820 | $190,661 | 140 | Stephen Michael Louro |
| Medovent Solutions | $1,819,178 | $195,210 | 195 | Marsh McLennan Agency |
| Metropolitan Charities, Inc. | $1,757,216 | $54,704 | 150 | Morrow Benefits Group, LLC |
| Wallace Welch & Willingham | $1,277,822 | $6,488 | 134 | Wallace, Welch & Willingham |
| Greener Acres, LLC | $1,125,577 | $60,279 | 351 | Wallace, Welch & Willingham |
| George F. Young of Florida, Inc. | $893,194 | $55,029 | 108 | Wallace Welch & Willingham, Inc. |
| YMCA of Greater ST. Petersburg | $840,575 | $56,684 | 119 | USI Insurance Services |
| Community Rehab Associates, Inc | $836,437 | $53,385 | 109 | Marsh McLennan Agency |
| Em Key Solutions, Inc. | $804,093 | $67,159 | 103 | Marsh McLennan Agency |
| Bert Smith Oldsmobile, Inc. | $774,212 | $38,710 | 104 | USI Insurance Services |
| TSP Institute, Inc | $772,992 | $65,621 | 194 | The Baldwin Group |
| Fiberglass Coatings, Inc. | $685,017 | $43,070 | 106 | Stephen Michael Louro |
| Reinforced Structures, Inc. | $551,362 | $37,756 | 229 | USI Insurance Services |
| Tampa Bay Rays Baseball LTD. Welfare Benefits Plan | $367,276 | $30,915 | 465 | John A. Scotti |
| Raymond James Financial, Inc. | $101,514 | $1,316,850 | 15,653 | Mercer |
| Professional Health Care of Pinellas, LLC | $91,096 | $35,006 | 160 | Sandy Wasson and Associates |
| Jabil Inc. | $0 | $240,328 | 9,553 | Marsh McLennan Agency |
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. Petersburg employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Compass Consulting Group LLC | $3,725,674 | 2 |
| Engage Insurance LLC | $3,005,784 | 1 |
| Marsh McLennan Agency | $1,847,842 | 14 |
| Paychex Insurance Agency | $1,755,712 | 1 |
| Mercer | $1,647,027 | 4 |
| Aon | $647,644 | 3 |
| Decision Administrative Services | $517,090 | 1 |
| USI Insurance Services | $514,622 | 11 |
| April J Rosenberg | $377,781 | 1 |
| Acrisure | $282,885 | 2 |
Largest medical carriers
Medical premium written for these employers.
St. Petersburg 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. Petersburg | Florida | United States | |
|---|---|---|---|
| Employer plans | 64 | 3,039 | 58,547 |
| Median commission rate | 5.0% (14 plans) | 4.6% | 3.8% |
| Middle half of rates | 3.7% – 5.0% | 3.7% – 5.2% | 2.7% – 5.0% |
| Median broker pay per employer | $69,239 | $83,531 | $72,628 |
| Medical premium per covered person | $9,714 | $9,849 | $7,274 |
| Plans reporting no commission | 2 | 39 | 933 |
Year over year. In plan year 2023, 65 St. Petersburg employers reported $234M in premiums and $13M in broker pay for 256,734 participants; in 2024 it was $337M and $17M for 272,567 participants (premiums +44.3%, broker pay +34.6%).
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. Petersburg employers pay health insurance brokers?
64 St. Petersburg employers reported $17,481,046 in broker commissions and fees on their 2024 Form 5500 filings, 63 of them disclosing at least some compensation. Among 14 commission-paying, fully insured medical plans, the median broker rate was 5.0% of premium, 0.4 points above the Florida median of 4.6% and 1.2 points above the U.S. median of 3.8%. In dollars, the median St. Petersburg employer that disclosed broker pay reported $69,239.
Which St. Petersburg employers have the largest health plans?
By insurance premium reported for 2024, Paychex Business Solutions LLC ($253M), The S2 HR Solutions Group 1, LLC ($39M), Decisionhr Holdings, Inc ($17M) lead. 25 St. Petersburg 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. Petersburg?
By compensation reported by St. Petersburg employers, the largest brokers are Compass Consulting Group LLC ($3.7M, 2 plans), Engage Insurance LLC ($3.0M, 1 plans), Marsh McLennan Agency ($1.8M, 14 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Florida, Health Options, Blue Cross Blue Shield of Massachusetts, Inc..
Are St. Petersburg employer health plans self-funded or fully insured?
Of 64 St. Petersburg employer plans, 28 are fully insured, 18 are self-funded and 18 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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