BenefitsLedger
City · Plan year 2024 · Form 5500

Bolingbrook, Illinois employer health plans: what they cost and who gets paid

Updated plan year 2024, the most recent complete year

15 employers in Bolingbrook, Illinois filed health plans with 100 or more participants for plan year 2024, covering 34,793 participants. They reported $142,211 in insurance premiums and $3.0M in broker commissions and fees. Against 2023, premiums were down 95.5% and broker pay fell 14.0%.

Employer plans
15
34,793 participants
Premiums
$142,211
−95.5% vs 2023
Broker pay
$3.0M
−14.0% vs 2023 · 14 disclosed
Median rate
n/a
too few insured medical plans

Funding: 4 fully insured · 6 self-funded · 5 mixed. 11 of 15 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Bolingbrook

Bolingbrook employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.

EmployerPremiumsBroker payParticipantsTop broker
G & W Electric Company$142,211$99,5461,007Willis Towers Watson
Ulta Salon, Cosmetics & Fragrances, Inc.$0$716,64920,251Lockton
Ulta, Inc.$0—5,861—
S&S Activewear, LLC$0$130,3331,971Eoi Service Company, LLC.
Covenant Services Worldwide Welfare Benefit Plan$0$358,6731,693HUB International
Weathertech Direct, LLC$0$579,3001,295James E McNichols
Amsive, LLC$0$355,759719Aon
Solina US Holding Inc.$0$58,875475The James Group, LLC
Gerflor USA, Inc$0$47,312354The Horton Group, Inc.
Windy City Wire, Cable & Technology Products, LLC$0$129,123298GCG Financial LLC
Neuco, Inc.$0$138,581252Axion RMS LTD
Unlimited Carrier, Inc.$0$144,815214HUB International
Dywidag$0$102,256160Hays Companies
Wi-Tronix, LLC$0$109,692143AssuredPartners
Pewag, Inc.$0$62,869100Joseph James Associates. 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 Bolingbrook employers, with the number of employer plans naming each broker.

BrokerCommissions + feesPlans
Lockton$716,6491
James E McNichols$579,3001
HUB International$497,8342
Aon$227,4821
GCG Financial LLC$129,1231
Eoi Service Company, Inc.$113,1991
AssuredPartners$110,3972
USI Insurance Services$102,1771
Axion RMS LTD$94,8441
Hays Companies$93,5001

Largest medical carriers

Medical premium written for these employers.

Bolingbrook against Illinois 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.

BolingbrookIllinoisUnited States
Employer plans152,83158,547
Median commission raten/a1.5%3.8%
Middle half of ratesn/a0.4% – 3.1%2.7% – 5.0%
Median broker pay per employer$129,728$85,899$72,628
Medical premium per covered personn/a$6,708$7,274
Plans reporting no commission030933

Year over year. In plan year 2023, 18 Bolingbrook employers reported $3.1M in premiums and $3.5M in broker pay for 38,152 participants; in 2024 it was $142,211 and $3.0M for 34,793 participants (premiums −95.5%, broker pay −14.0%).

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 Bolingbrook employers pay health insurance brokers?

15 Bolingbrook employers reported $3,033,783 in broker commissions and fees on their 2024 Form 5500 filings, 14 of them disclosing at least some compensation. Too few fully insured medical plans in Bolingbrook reported premium to compute a stable commission rate; the Illinois median is 1.5% and the U.S. median is 3.8%. In dollars, the median Bolingbrook employer that disclosed broker pay reported $129,728.

Which Bolingbrook employers have the largest health plans?

By insurance premium reported for 2024, G & W Electric Company ($142,211), Ulta Salon, Cosmetics & Fragrances, Inc. ($0), Ulta, Inc. ($0) lead. 15 Bolingbrook employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Bolingbrook?

By compensation reported by Bolingbrook employers, the largest brokers are Lockton ($716,649, 1 plans), James E McNichols ($579,300, 1 plans), HUB International ($497,834, 2 plans). By medical premium, the largest carriers are Bluecross Blueshield of Illinois, Kaiser Foundation Health Plan of Colorado, Kaiser Foundation Health Plan, Inc..

Are Bolingbrook employer health plans self-funded or fully insured?

Of 15 Bolingbrook employer plans, 4 are fully insured, 6 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 Illinois

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