Lake Forest, Illinois employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
15 employers in Lake Forest, Illinois filed health plans with 100 or more participants for plan year 2024, covering 53,401 participants. They reported $139M in insurance premiums and $3.3M in broker commissions and fees. Against 2023, premiums were up 996.0% and broker pay rose 20.6%.
Funding: 1 fully insured · 6 self-funded · 8 mixed. 14 of 15 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Lake Forest
Lake Forest employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Pactiv Evergreen Services Inc. | $129,811,593 | $2,076,881 | 10,080 | Lockton |
| Packaging Corporation of America | $8,218,654 | — | 16,081 | — |
| Trustmark Services Company | $678,789 | — | 1,005 | — |
| Chicago Bears Football Club, Inc. | $289,965 | $15,609 | 261 | Aon |
| W W Grainger Inc | $0 | $400,583 | 17,622 | Willis Towers Watson |
| Reynolds Consumer Products LLC | $0 | $154,366 | 4,882 | Lockton |
| Impact Networking, LLC | $0 | $131,303 | 912 | The Baldwin Group |
| Health Fitness Corporation | $0 | — | 595 | — |
| Mastery Logistics Systems, Inc. | $0 | $11,782 | 560 | NFP |
| Consumers Credit Union | $0 | $113,235 | 512 | Marsh McLennan Agency |
| Lake Forest College | $0 | $16,963 | 314 | Emerson Rogers LLC |
| Metro Storage LLC | $0 | $73,393 | 164 | Marsh McLennan Agency |
| Lake Forest Academy | $0 | $108,983 | 151 | Tic, Inc. |
| Tersera Therapeutics LLC | $0 | $128,204 | 151 | Alliant Insurance Services |
| Diamond Residential Mortgage Corporation | $0 | $62,759 | 111 | 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 Lake Forest employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Lockton | $1,576,464 | 2 |
| Empyrean Insurance Services, Inc. | $600,906 | 2 |
| Willis Towers Watson | $355,285 | 1 |
| Marsh McLennan Agency | $260,714 | 4 |
| Alliant Insurance Services | $128,204 | 1 |
| Tic Inc | $80,908 | 1 |
| The Baldwin Group | $72,638 | 1 |
| Emerson Rogers, LLC | $64,224 | 2 |
| Sedgwick Claims MGMT Services, Inc | $45,298 | 1 |
| Paycor, Inc. | $44,515 | 1 |
Largest medical carriers
Medical premium written for these employers.
Lake Forest 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.
| Lake Forest | Illinois | United States | |
|---|---|---|---|
| Employer plans | 15 | 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 | $111,109 | $85,899 | $72,628 |
| Medical premium per covered person | n/a | $6,708 | $7,274 |
| Plans reporting no commission | 1 | 30 | 933 |
Year over year. In plan year 2023, 16 Lake Forest employers reported $13M in premiums and $2.7M in broker pay for 54,969 participants; in 2024 it was $139M and $3.3M for 53,401 participants (premiums +996.0%, broker pay +20.6%).
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 Lake Forest employers pay health insurance brokers?
15 Lake Forest employers reported $3,294,061 in broker commissions and fees on their 2024 Form 5500 filings, 12 of them disclosing at least some compensation. Too few fully insured medical plans in Lake Forest 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 Lake Forest employer that disclosed broker pay reported $111,109.
Which Lake Forest employers have the largest health plans?
By insurance premium reported for 2024, Pactiv Evergreen Services Inc. ($130M), Packaging Corporation of America ($8.2M), Trustmark Services Company ($678,789) lead. 15 Lake Forest employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Lake Forest?
By compensation reported by Lake Forest employers, the largest brokers are Lockton ($1.6M, 2 plans), Empyrean Insurance Services, Inc. ($600,906, 2 plans), Willis Towers Watson ($355,285, 1 plans). By medical premium, the largest carriers are Bluecross Blueshield of Illinois, Keystone, Kaiser Foundation Health Plan, Inc..
Are Lake Forest employer health plans self-funded or fully insured?
Of 15 Lake Forest employer plans, 1 are fully insured, 6 are self-funded and 8 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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