Buffalo Grove, Illinois employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
22 employers in Buffalo Grove, Illinois filed health plans with 100 or more participants for plan year 2024, covering 21,539 participants. They reported $6.3M in insurance premiums and $3.1M in broker commissions and fees. Against 2023, premiums were down 24.9% and broker pay rose 10.3%.
Funding: 6 fully insured · 9 self-funded · 7 mixed. 16 of 22 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Buffalo Grove
Buffalo Grove employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| US LBM Holdings, L.L.C. | $5,947,606 | $769,095 | 13,710 | Lockton |
| Xellia Pharmaceuticals USA LLC | $358,497 | $46,267 | 387 | Gallagher |
| Kay and Associates, Inc. | $0 | $291,622 | 1,155 | AssuredPartners |
| The Malnati Organization, LLC | $0 | $36,291 | 984 | Lockton |
| PPC Flex, LLC | $0 | $263,058 | 929 | Gallagher |
| Nemera Buffalo Grove LLC | $0 | $19,397 | 573 | Mercer |
| Profile Products, LLC | $0 | $267,225 | 549 | HUB International |
| Affinitiv, Inc. | $0 | $53,552 | 457 | Lockton |
| Phathom Pharmaceuticals Inc | $0 | $266,658 | 451 | Acrisure |
| Acp Creativit, LLC | $0 | $49,583 | 342 | Gallagher |
| International Services, Inc. | $0 | $218,528 | 331 | David Danzig & Associates |
| Advancion Corporation | $0 | $112,591 | 232 | Lockton |
| Federal Cleaning Contractors, Inc. dba Federal Building Services, Inc. | $0 | $57,837 | 221 | Marsh McLennan Agency |
| Alma Lasers, Inc. | $0 | $176,863 | 216 | HUB International |
| Veterinary Specialty Center, Inc. | $0 | — | 168 | — |
| Indeck Energy Services, Inc | $0 | $78,134 | 156 | The Plexus Groupe LLC |
| Gtreasury SS, LLC | $0 | $17,548 | 141 | Vita Insurance Assocociates, Inc. |
| Crosscom National, LLC | $0 | $43,316 | 118 | HUB International |
| Premier Design + Build Group, LLC | $0 | $98,081 | 107 | OneDigital |
| MNJ Technologies Direct, Inc. | $0 | $91,460 | 105 | USI Insurance Services |
| Komax Corp | $0 | $86,600 | 104 | Brown & Brown |
| Safco Dental Supply LLC | $0 | $79,954 | 103 | Jean K Hicks |
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 Buffalo Grove employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Lockton | $707,661 | 4 |
| HUB International | $457,473 | 3 |
| AssuredPartners | $291,622 | 1 |
| Workday Inc | $263,892 | 1 |
| Gallagher | $262,957 | 3 |
| Acrisure | $162,194 | 1 |
| David Danzig & Associates | $160,458 | 1 |
| OneDigital | $98,081 | 1 |
| USI Insurance Services | $81,323 | 1 |
| Alliant Insurance Services | $78,716 | 1 |
Largest medical carriers
Medical premium written for these employers.
Buffalo Grove 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.
| Buffalo Grove | Illinois | United States | |
|---|---|---|---|
| Employer plans | 22 | 2,831 | 58,547 |
| Median commission rate | n/a | 1.5% | 3.8% |
| Middle half of rates | n/a | 0.4% – 3.1% | 2.7% – 5.0% |
| Median broker pay per employer | $86,600 | $85,899 | $72,628 |
| Medical premium per covered person | n/a | $6,708 | $7,274 |
| Plans reporting no commission | 0 | 30 | 933 |
Year over year. In plan year 2023, 24 Buffalo Grove employers reported $8.4M in premiums and $2.8M in broker pay for 22,533 participants; in 2024 it was $6.3M and $3.1M for 21,539 participants (premiums −24.9%, broker pay +10.3%).
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 Buffalo Grove employers pay health insurance brokers?
22 Buffalo Grove employers reported $3,123,660 in broker commissions and fees on their 2024 Form 5500 filings, 21 of them disclosing at least some compensation. Too few fully insured medical plans in Buffalo Grove 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 Buffalo Grove employer that disclosed broker pay reported $86,600.
Which Buffalo Grove employers have the largest health plans?
By insurance premium reported for 2024, US LBM Holdings, L.L.C. ($5.9M), Xellia Pharmaceuticals USA LLC ($358,497), Kay and Associates, Inc. ($0) lead. 22 Buffalo Grove employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Buffalo Grove?
By compensation reported by Buffalo Grove employers, the largest brokers are Lockton ($707,661, 4 plans), HUB International ($457,473, 3 plans), AssuredPartners ($291,622, 1 plans). By medical premium, the largest carriers are Bluecross Blueshield of Illinois, Cigna Health and Life Insurance Company, Select Health.
Are Buffalo Grove employer health plans self-funded or fully insured?
Of 22 Buffalo Grove employer plans, 6 are fully insured, 9 are self-funded and 7 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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