Wilmington, Massachusetts employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
20 employers in Wilmington, Massachusetts filed health plans with 100 or more participants for plan year 2024, covering 60,730 participants. They reported $39M in insurance premiums and $2.7M in broker commissions and fees. Against 2023, premiums were up 8.0% and broker pay fell 5.3%.
Funding: 1 fully insured · 4 self-funded · 15 mixed. 19 of 20 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Wilmington
Wilmington employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Symbotic, LLC | $14,913,734 | $482,947 | 1,223 | Boston Benefit Partners an Alera |
| Tracelink, Inc. | $5,424,608 | $132,502 | 363 | Mercer |
| Locus Robotics Corp | $4,748,143 | $141,384 | 356 | OneDigital |
| Ledvance LLC | $4,711,535 | $30,523 | 310 | Willis Towers Watson |
| Kelvin Group Corp. | $3,613,071 | $104,500 | 234 | Gallagher |
| Kirkwood Holdings, Inc. | $2,070,849 | $92,191 | 114 | OneDigital |
| Ametros Financial Corporation | $2,056,967 | $67,200 | 138 | USI Insurance Services |
| Pacific Packaging Products, Inc. | $1,754,461 | $89,188 | 148 | HUB International |
| Bot North Atlantic States Carpenters Health Benefits Fund | $0 | — | 23,396 | — |
| Unifirst Corporation | $0 | $575,253 | 11,123 | Willis Towers Watson |
| Charles River Laboratories, Inc | $0 | $36,326 | 10,631 | EPIC Insurance Brokers |
| Analog Devices, Inc. | $0 | $11,156 | 7,624 | Fidelity Health Ins Services LLC |
| Tecomet, Inc. | $0 | $211,742 | 1,709 | Willis Towers Watson |
| Heilind Electronics, Inc. Group Health and Welfare Plan | $0 | $159,901 | 1,289 | Brown & Brown |
| Onto Innovation | $0 | $54,975 | 892 | Mercer |
| Separation Solutions Enterprises Holding LP | $0 | $262,745 | 478 | Lockton |
| Action Ambulance Service, Inc | $0 | $11,037 | 203 | EPIC Insurance Brokers |
| Benevento Sand and Stone Corp | $0 | $13,941 | 191 | CFG Brokerage Network |
| Lightforce Orthodontics | $0 | $159,246 | 156 | HUB International |
| Seurat Technologies, Inc. | $0 | $44,068 | 152 | IMA Financial |
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 Wilmington employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Willis Towers Watson | $817,518 | 3 |
| Boston Benefit Partners an Alera | $351,802 | 1 |
| Lockton | $260,466 | 1 |
| HUB International | $228,194 | 2 |
| OneDigital | $222,229 | 2 |
| Brown & Brown | $197,605 | 2 |
| Mercer | $187,478 | 2 |
| Gallagher | $104,456 | 1 |
| USI Insurance Services | $67,200 | 1 |
| EPIC Insurance Brokers | $47,363 | 2 |
Largest medical carriers
Medical premium written for these employers.
Wilmington against Massachusetts 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.
| Wilmington | Massachusetts | United States | |
|---|---|---|---|
| Employer plans | 20 | 1,864 | 58,547 |
| Median commission rate | n/a | 2.5% | 3.8% |
| Middle half of rates | n/a | 2.0% – 3.2% | 2.7% – 5.0% |
| Median broker pay per employer | $92,191 | $75,078 | $72,628 |
| Medical premium per covered person | n/a | $8,072 | $7,274 |
| Plans reporting no commission | 0 | 18 | 933 |
Year over year. In plan year 2023, 19 Wilmington employers reported $36M in premiums and $2.8M in broker pay for 60,066 participants; in 2024 it was $39M and $2.7M for 60,730 participants (premiums +8.0%, broker pay −5.3%).
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 Wilmington employers pay health insurance brokers?
20 Wilmington employers reported $2,680,825 in broker commissions and fees on their 2024 Form 5500 filings, 19 of them disclosing at least some compensation. Too few fully insured medical plans in Wilmington reported premium to compute a stable commission rate; the Massachusetts median is 2.5% and the U.S. median is 3.8%. In dollars, the median Wilmington employer that disclosed broker pay reported $92,191.
Which Wilmington employers have the largest health plans?
By insurance premium reported for 2024, Symbotic, LLC ($15M), Tracelink, Inc. ($5.4M), Locus Robotics Corp ($4.7M) lead. 20 Wilmington employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Wilmington?
By compensation reported by Wilmington employers, the largest brokers are Willis Towers Watson ($817,518, 3 plans), Boston Benefit Partners an Alera ($351,802, 1 plans), Lockton ($260,466, 1 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Massachusetts, Inc., Cigna Health and Life Insurance Company, MCS Life Insurance Company.
Are Wilmington employer health plans self-funded or fully insured?
Of 20 Wilmington employer plans, 1 are fully insured, 4 are self-funded and 15 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 Massachusetts
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