BenefitsLedger
City · Plan year 2024 · Form 5500

Elk Grove Village, Illinois employer health plans: what they cost and who gets paid

Updated plan year 2024, the most recent complete year

30 employers in Elk Grove Village, Illinois filed health plans with 100 or more participants for plan year 2024, covering 6,611 participants. They reported $3.9M in insurance premiums and $2.7M in broker commissions and fees. Against 2023, premiums were up 774.1% and broker pay rose 3.6%.

Employer plans
30
6,611 participants
Premiums
$3.9M
+774.1% vs 2023
Broker pay
$2.7M
+3.6% vs 2023 · 29 disclosed
Median rate
n/a
too few insured medical plans

Funding: 7 fully insured · 6 self-funded · 17 mixed. 23 of 30 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Elk Grove Village

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

EmployerPremiumsBroker payParticipantsTop broker
Winston Brands, Inc.$2,072,080$89,902274HUB International
Nu Way Industries Inc.$1,564,504$70,596247AssuredPartners
Sigmatron International, Inc.$217,208$37,984195Thompson Flanagan Bene. Group, LLC
Ors Nasco, LLC$0$96,530785Gallagher
Screen North America Holdings, Inc.$0$265,176437Marsh McLennan Agency
Orsini Pharmaceutical Services, LLC$0$145,142383Hauser Inc
Grecian Delight Foods, Inc.$0$7,105374Willis Towers Watson
Kenneth Young Center$0$179,590302USI Insurance Services
Creative Werks, LLC$0$118,861278Associated Agencies, Inc
Porte Brown LLC$0$127,971268RSC Insurance Brokerage Inc
Magnetic Inspection Laboratory, Inc.$0$88,739243Acrisure
Unilode Aviation Solutions US Inc$0$183,844219360 Benefits LLC
Era Industries Inc.$0$220,164217RSC Insurance Brokerage, Inc.
Nelson-Westerberg, Inc.$0$101,520202USI Insurance Services
Stern Pinball, Inc$0$35,389181USI Insurance Services
Imex Global Solutions LLC$0$52,677173RSC Insurance Brokerage Inc
Yamazen, Inc.$0$223,011168Mercer
Dexter Magnetic Holdings, LLC$0$12,387166Hays Companies
GHP Group, Inc$0$51,609165Ronald W Kerbis
La-Co Industries, Inc.$0$27,302159OneDigital
Arc-Tronics, Inc.$0$65,166157AssuredPartners
FPM, L.L.C.$0$8,374140Liberty Company Insurance Brokers
Acme Industries, Inc.$0$86,695125RSC Insurance Brokerage, Inc.
Lawrence Foods, Inc$0$118,254121Kelly & Associates Insurance Group
Clingan Steel, Inc.$0$64,725116Truenorth Companies, L.C.

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 Elk Grove Village employers, with the number of employer plans naming each broker.

Largest medical carriers

Medical premium written for these employers.

Elk Grove Village 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.

Elk Grove VillageIllinoisUnited States
Employer plans302,83158,547
Median commission raten/a1.5%3.8%
Middle half of ratesn/a0.4% – 3.1%2.7% – 5.0%
Median broker pay per employer$86,695$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, 30 Elk Grove Village employers reported $440,879 in premiums and $2.6M in broker pay for 7,042 participants; in 2024 it was $3.9M and $2.7M for 6,611 participants (premiums +774.1%, broker pay +3.6%).

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 Elk Grove Village employers pay health insurance brokers?

30 Elk Grove Village employers reported $2,736,606 in broker commissions and fees on their 2024 Form 5500 filings, 29 of them disclosing at least some compensation. Too few fully insured medical plans in Elk Grove Village 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 Elk Grove Village employer that disclosed broker pay reported $86,695.

Which Elk Grove Village employers have the largest health plans?

By insurance premium reported for 2024, Winston Brands, Inc. ($2.1M), Nu Way Industries Inc. ($1.6M), Sigmatron International, Inc. ($217,208) lead. 25 Elk Grove Village employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Elk Grove Village?

By compensation reported by Elk Grove Village employers, the largest brokers are RSC Insurance Brokerage, Inc. ($390,495, 4 plans), Marsh McLennan Agency ($390,017, 3 plans), USI Insurance Services ($316,499, 3 plans). By medical premium, the largest carriers are Bluecross Blueshield of Illinois, Nippon Life Benefits, Unitedhealthcare Insurance Company.

Are Elk Grove Village employer health plans self-funded or fully insured?

Of 30 Elk Grove Village employer plans, 7 are fully insured, 6 are self-funded and 17 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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