Peoria, Illinois employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
30 employers in Peoria, Illinois filed health plans with 100 or more participants for plan year 2024, covering 41,819 participants. They reported $38M in insurance premiums and $2.5M in broker commissions and fees. Against 2023, premiums were down 4.4% and broker pay rose 13.4%.
Funding: 6 fully insured · 17 self-funded · 7 mixed. 24 of 30 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Peoria
Peoria employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Board of Trustees North Central Illinois Laborers Health & Welfare Pla | $21,646,508 | $32,161 | 1,822 | The Union Labor Life Insurance Co |
| Bradley University | $11,510,660 | $27,102 | 1,078 | First Mid Insurance Group Inc |
| Vonachen Group, Inc. | $4,036,136 | $141,797 | 1,754 | HUB International |
| Advanced Technology Services, Inc. | $1,247,976 | $236,122 | 1,776 | Mercer |
| OSF Healthcare System | $0 | $370,374 | 24,992 | Gallagher |
| Rli Corp. | $0 | $9,450 | 1,070 | Lockton |
| Citizens Equity First Credit Union | $0 | $65,893 | 1,005 | Aon |
| One Call Locators, L T D | $0 | $217,444 | 973 | Kepple Healthcare Consulting Inc |
| MH Logistics Corp | $0 | $125,471 | 915 | Cottingham & Butler Insurance |
| HGS USA, LLC | $0 | $68,039 | 777 | Cottingham & Butler Insurance |
| Superior Consolidated Industries, Inc. | $0 | $195,798 | 686 | Benefit Planning Assoc Inc |
| Maui Jim, Inc. | $0 | $48,892 | 670 | Cottingham & Butler |
| Obrien Steel Service Co. | $0 | $9,327 | 552 | First Mid Insurance Group Inc |
| Liberty Steel Holdings USA | $0 | $276,018 | 491 | Gallagher |
| The Center for Youth and Family Solutions | $0 | $1,980 | 452 | AssuredPartners |
| The Children's Home Assocation of Illinois | $0 | $35,777 | 383 | Cottingham and Butler Ins Services |
| Samaritan Ministries International | $0 | — | 348 | — |
| Advanced Medical Transport | $0 | $10,515 | 286 | CL Wyman & Assoc., Inc. |
| Wyman-Sicher Eye Associates | $0 | $109,643 | 204 | Ledgestone Insurance Group Inc |
| Illinois Mutual Life Insurance Company | $0 | — | 189 | — |
| Backlund Investment Co | $0 | $82,330 | 188 | Ledgestone Insurance Group, Inc. |
| Heyl, Royster, Voelker & Allen P.C. | $0 | $10,519 | 168 | Bpa Troxell Benefits, LLC |
| Soderstrom Dermatology Center, S.C. | $0 | $91,193 | 166 | Aon |
| Easterseals Central Illinois | $0 | $63,788 | 162 | Cottingham and Butler Insurance Ser |
| Cpo Services Inc | $0 | $69,184 | 140 | North Risk Partners LLC |
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 Peoria employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Gallagher | $559,393 | 2 |
| Cottingham & Butler | $365,916 | 6 |
| Kepple Healthcare Consulting Inc | $217,444 | 1 |
| Benefit Planning Assoc, Inc | $193,530 | 1 |
| Mercer | $178,087 | 1 |
| Ledgestone Insurance Group Inc | $176,264 | 2 |
| Aon | $158,061 | 3 |
| HUB International | $94,101 | 1 |
| Mutual Medical | $84,581 | 1 |
| Scott Schroepfer Ins Agency Inc | $77,752 | 1 |
Largest medical carriers
Medical premium written for these employers.
Peoria 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.
| Peoria | Illinois | United States | |
|---|---|---|---|
| Employer plans | 30 | 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 | $68,612 | $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, 32 Peoria employers reported $40M in premiums and $2.2M in broker pay for 38,576 participants; in 2024 it was $38M and $2.5M for 41,819 participants (premiums −4.4%, broker pay +13.4%).
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 Peoria employers pay health insurance brokers?
30 Peoria employers reported $2,537,613 in broker commissions and fees on their 2024 Form 5500 filings, 26 of them disclosing at least some compensation. Too few fully insured medical plans in Peoria 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 Peoria employer that disclosed broker pay reported $68,612.
Which Peoria employers have the largest health plans?
By insurance premium reported for 2024, Board of Trustees North Central Illinois Laborers Health & Welfare Pla ($22M), Bradley University ($12M), Vonachen Group, Inc. ($4.0M) lead. 25 Peoria employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Peoria?
By compensation reported by Peoria employers, the largest brokers are Gallagher ($559,393, 2 plans), Cottingham & Butler ($365,916, 6 plans), Kepple Healthcare Consulting Inc ($217,444, 1 plans). By medical premium, the largest carriers are Bluecross Blueshield of Illinois, Unitedhealthcare Insurance Company, Metropolitan Life Insurance Company.
Are Peoria employer health plans self-funded or fully insured?
Of 30 Peoria employer plans, 6 are fully insured, 17 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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