BenefitsLedger
City · Plan year 2024 · Form 5500

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

Updated plan year 2024, the most recent complete year

42 employers in Itasca, Illinois filed health plans with 100 or more participants for plan year 2024, covering 18,639 participants. They reported $2.1M in insurance premiums and $4.4M in broker commissions and fees. Against 2023, premiums were up 130.3% and broker pay fell 4.9%.

Employer plans
42
18,639 participants
Premiums
$2.1M
+130.3% vs 2023
Broker pay
$4.4M
−4.9% vs 2023 · 41 disclosed
Median rate
n/a
too few insured medical plans

Funding: 10 fully insured · 13 self-funded · 19 mixed. 32 of 42 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Itasca

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

EmployerPremiumsBroker payParticipantsTop broker
Diverzify, LLC$1,147,020$307,5191,279Lockton
Henricksen & Company Inc$591,093$170,909348The Horton Group
Fellowes, Inc.$398,275$20,122826Gallagher
Keyence Corporation of America$0$1991,602Marsh McLennan Agency
Ait Worldwide Logistics, Inc.$0$26,9251,494OneDigital
Brown & Joseph, LLC$0$485,7801,270Stumm Insurance LLC
Knowles Corporation$0$9,7431,155Willis Towers Watson
Livingston International Inc$0$23,8351,080NFP
Ajinomoto Health & Nutrition North America, Inc.$0$5,705835Gallagher
Ifs North America, Inc.$0$243,760734Mercer
American Academy of Pediatrics$0$349,763532Mercer
Topco Associates, LLC$0$22,451529Marsh McLennan Agency
Peco Pallet, Inc.$0$206,487465Lockton
Riverside Assessments, LLC$0$265,873392Marsh McLennan Agency
Captive Resources, LLC$0$50,607383Alliant Insurance Services
Family Entertainment Group$0$136,774379Mercer
Gift of Hope Organ & Tissue Donor Network$0$191,445366Marsh McLennan Agency
Flexera Software LLC$0$26,629354NFP
NNR Global Logistics USA Inc$0$26,226348Marsh McLennan Agency
Paramedic Services of Illinois, Inc$0$64,334337The Horton Group, Inc.
Finzer Roller, Inc.$0$106,086289Gallagher
Steiner Electric Company$0$61,876275USI Insurance Services
National Safety Council$0$21,600258Brown & Brown
W.S. Darley, & Co.$0$172,195244Stumm Insurance LLC
Diversified Labeling Solutions, Inc.$0$144,831239Connor & Gallagher Benefits Service

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 Itasca employers, with the number of employer plans naming each broker.

Largest medical carriers

Medical premium written for these employers.

Itasca 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.

ItascaIllinoisUnited States
Employer plans422,83158,547
Median commission raten/a1.5%3.8%
Middle half of ratesn/a0.4% – 3.1%2.7% – 5.0%
Median broker pay per employer$72,418$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, 41 Itasca employers reported $927,812 in premiums and $4.6M in broker pay for 16,448 participants; in 2024 it was $2.1M and $4.4M for 18,639 participants (premiums +130.3%, broker pay −4.9%).

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 Itasca employers pay health insurance brokers?

42 Itasca employers reported $4,391,506 in broker commissions and fees on their 2024 Form 5500 filings, 41 of them disclosing at least some compensation. Too few fully insured medical plans in Itasca 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 Itasca employer that disclosed broker pay reported $72,418.

Which Itasca employers have the largest health plans?

By insurance premium reported for 2024, Diverzify, LLC ($1.1M), Henricksen & Company Inc ($591,093), Fellowes, Inc. ($398,275) lead. 25 Itasca employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Itasca?

By compensation reported by Itasca employers, the largest brokers are Marsh McLennan Agency ($738,381, 9 plans), Stumm Insurance LLC ($654,885, 2 plans), Mercer ($604,746, 3 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Bluecross Blueshield of Illinois, Unitedhealthcare Insurance Company.

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

Of 42 Itasca employer plans, 10 are fully insured, 13 are self-funded and 19 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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