Holland, Michigan employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
39 employers in Holland, Michigan filed health plans with 100 or more participants for plan year 2024, covering 18,072 participants. They reported $64M in insurance premiums and $5.9M in broker commissions and fees. Against 2023, premiums were up 20.3% and broker pay rose 12.0%.
Funding: 5 fully insured · 22 self-funded · 12 mixed. 34 of 39 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Holland
Holland employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| LG Chem Michigan, Inc. | $49,844,971 | $3,759,029 | 3,334 | Fallon Benefits Group Inc. |
| GNS North America, Inc. | $2,973,370 | $138,297 | 316 | Olivier Vandyk Insurance |
| Koops, Inc. | $2,913,453 | $129,795 | 225 | Kevin D. Cumings |
| Ebw Electronics | $1,395,662 | $38,456 | 108 | Leonard A. Brucato |
| Holland Hospital | $1,379,895 | $317,769 | 1,327 | Gallagher |
| Kam Plastics Corp | $991,876 | $55,991 | 211 | Robert L. Hughes |
| Repcolite Paints, Inc. | $827,972 | $52,664 | 114 | Tonya J. Carmoney |
| Kode Health, Inc. | $530,785 | $21,282 | 122 | Emad Mosallam |
| Motus, LLC | $439,393 | $181,475 | 1,056 | Gallagher |
| Tiara Yachts, Inc. | $436,658 | $689 | 554 | Advantage Benefits Group, Inc. |
| Hope College | $402,447 | $54,863 | 774 | Marsh McLennan Agency |
| Haworth International LTD. | $367,021 | $188,586 | 2,576 | Lockton |
| The Stow Company-Holland, Inc. | $294,432 | $24,870 | 434 | Advantage Benefits Group |
| Hudsonville Creamery and Ice Cream Company, LLC | $208,192 | $23,127 | 281 | Advantage Benefits Group |
| Metal Flow Corporation | $181,488 | $41,776 | 185 | Aon |
| VQ, Inc. | $161,328 | $39,594 | 337 | Lockton |
| Big Dutchman Inc | $143,073 | $20,733 | 153 | Berends Hendricks Stuit Ins. Agency |
| Clarion Technologies, Inc. | $117,818 | $21,660 | 338 | Edify North, LLC |
| Buhlerprince, Inc. | $97,745 | $12,147 | 131 | Advantage Benefits Group, Inc. |
| Ev Construction Co | $96,837 | $74,939 | 138 | Kurt B Swardenski |
| Fleetwood Group, Inc. | $78,935 | $19,283 | 257 | Advantage Benefits Group, Inc. |
| New Holland Brewing Company, LLC | $57,585 | $44,750 | 113 | Goodband, Cassie |
| Lighthouse Title | $10,731 | $4,733 | 122 | Lighthouse Group, Inc. |
| Request Foods, Inc. | $0 | $71,685 | 1,036 | Robert L. Hughes |
| Louis Padnos Iron and Metal | $0 | $71,024 | 926 | Total Control Health Plans |
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 Holland employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Fallon Benefits Group | $2,663,670 | 1 |
| NFP | $899,017 | 1 |
| Gallagher | $341,500 | 3 |
| Forester Benefits Management LLC | $196,342 | 1 |
| Advantage Benefits Group, Inc. | $141,639 | 10 |
| Lockton | $131,043 | 3 |
| Eoi Service Company, Inc. | $118,341 | 1 |
| Olivier Vandyk Insurance | $108,762 | 3 |
| Berends Hendricks Stuit Insurance | $94,405 | 3 |
| Aon | $92,563 | 4 |
Largest medical carriers
Medical premium written for these employers.
Holland against Michigan 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.
| Holland | Michigan | United States | |
|---|---|---|---|
| Employer plans | 39 | 2,113 | 58,547 |
| Median commission rate | n/a | 3.2% | 3.8% |
| Middle half of rates | n/a | 3.0% – 4.5% | 2.7% – 5.0% |
| Median broker pay per employer | $39,594 | $68,927 | $72,628 |
| Medical premium per covered person | n/a | $5,845 | $7,274 |
| Plans reporting no commission | 0 | 47 | 933 |
Year over year. In plan year 2023, 37 Holland employers reported $53M in premiums and $5.2M in broker pay for 18,111 participants; in 2024 it was $64M and $5.9M for 18,072 participants (premiums +20.3%, broker pay +12.0%).
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 Holland employers pay health insurance brokers?
39 Holland employers reported $5,867,574 in broker commissions and fees on their 2024 Form 5500 filings, 39 of them disclosing at least some compensation. Too few fully insured medical plans in Holland reported premium to compute a stable commission rate; the Michigan median is 3.2% and the U.S. median is 3.8%. In dollars, the median Holland employer that disclosed broker pay reported $39,594.
Which Holland employers have the largest health plans?
By insurance premium reported for 2024, LG Chem Michigan, Inc. ($50M), GNS North America, Inc. ($3.0M), Koops, Inc. ($2.9M) lead. 25 Holland employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Holland?
By compensation reported by Holland employers, the largest brokers are Fallon Benefits Group ($2.7M, 1 plans), NFP ($899,017, 1 plans), Gallagher ($341,500, 3 plans). By medical premium, the largest carriers are Blue Cross Blue Shield of Michigan, Blue Care Network of Michigan, Priority Health.
Are Holland employer health plans self-funded or fully insured?
Of 39 Holland employer plans, 5 are fully insured, 22 are self-funded and 12 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 Michigan
Is your company on this page? Get its Form 5500 read next to the Holland, Michigan medians.
Tell us the company and a specialist writes up what the public Form 5500 record shows for it, if it files one: broker pay against the medians above, fee disclosure and filing timeliness, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.