Brooklyn Park, Minnesota employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
18 employers in Brooklyn Park, Minnesota filed health plans with 100 or more participants for plan year 2024, covering 889,384 participants. They reported $437,648 in insurance premiums and $2.5M in broker commissions and fees. Against 2023, premiums were up 66.0% and broker pay rose 31.5%.
Funding: 5 fully insured · 8 self-funded · 5 mixed. 13 of 18 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Brooklyn Park
Brooklyn Park employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Voyage Healthcare | $253,050 | $84,903 | 246 | North Risk Partners LLC |
| Scherer Bros. Lumber Co. | $161,038 | $14,332 | 280 | Hays Companies |
| Am Retail Group, Inc. | $23,560 | $6,081 | 363 | CBIZ |
| Target Corporation | $0 | $1,583,408 | 879,212 | Strategic Non-Medical Solutions LLC |
| Trustees of IBEW 292 Health Care Plan | $0 | $40,077 | 4,843 | USI Insurance Services |
| Cirtec Medical Corporation | $0 | $121,618 | 1,314 | Cottingham Butler Ins Serv |
| Nilfisk, Inc. | $0 | $55,915 | 741 | Marsh McLennan Agency |
| Design Ready Controls, Inc. | $0 | — | 329 | — |
| Reliable Medical Supply LLC | $0 | $98,386 | 290 | Brown & Brown |
| Governmental and Educational Assistance Corporation | $0 | $93,883 | 284 | USI Insurance Services |
| Clearfield, Inc. | $0 | $93,223 | 261 | Willis Towers Watson |
| Mainsl Services, Inc. | $0 | $1,288 | 225 | Marsh McLennan Agency |
| Nystrom Inc. | $0 | $23,693 | 207 | USI Insurance Services |
| Synova Group LLC | $0 | $52,374 | 202 | Brown & Brown |
| Great Northern-Twin Cities LLC | $0 | $65,930 | 170 | NFP |
| Modern Manufacturing & Engineering | $0 | $50,292 | 147 | Dattilo Consulting Inc |
| Stein Industries | $0 | $60,171 | 137 | Christensen Group, Inc. |
| E.H. Enterprises, LLC | $0 | $69,169 | 133 | 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 Brooklyn Park employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Strategic Non-Medical Solution | $839,608 | 1 |
| Pacific Resources Benefits Adv, LLC | $550,000 | 1 |
| Pacific Resources BNFT Adv LLC | $187,092 | 1 |
| Marsh McLennan Agency | $174,436 | 5 |
| USI Insurance Services | $157,274 | 3 |
| Brown & Brown | $125,898 | 3 |
| Willis Towers Watson | $93,223 | 1 |
| Cottingham & Butler Ins Services | $74,262 | 1 |
| NFP | $65,930 | 1 |
| Christensen Group Inc | $60,171 | 1 |
Largest medical carriers
Medical premium written for these employers.
Brooklyn Park against Minnesota 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.
| Brooklyn Park | Minnesota | United States | |
|---|---|---|---|
| Employer plans | 18 | 1,318 | 58,547 |
| Median commission rate | n/a | 5.0% | 3.8% |
| Middle half of rates | n/a | 3.6% – 5.9% | 2.7% – 5.0% |
| Median broker pay per employer | $60,171 | $58,196 | $72,628 |
| Medical premium per covered person | n/a | n/a | $7,274 |
| Plans reporting no commission | 0 | 3 | 933 |
Year over year. In plan year 2023, 18 Brooklyn Park employers reported $263,599 in premiums and $1.9M in broker pay for 948,571 participants; in 2024 it was $437,648 and $2.5M for 889,384 participants (premiums +66.0%, broker pay +31.5%).
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 Brooklyn Park employers pay health insurance brokers?
18 Brooklyn Park employers reported $2,514,743 in broker commissions and fees on their 2024 Form 5500 filings, 17 of them disclosing at least some compensation. Too few fully insured medical plans in Brooklyn Park reported premium to compute a stable commission rate; the Minnesota median is 5.0% and the U.S. median is 3.8%. In dollars, the median Brooklyn Park employer that disclosed broker pay reported $60,171.
Which Brooklyn Park employers have the largest health plans?
By insurance premium reported for 2024, Voyage Healthcare ($253,050), Scherer Bros. Lumber Co. ($161,038), Am Retail Group, Inc. ($23,560) lead. 18 Brooklyn Park employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Brooklyn Park?
By compensation reported by Brooklyn Park employers, the largest brokers are Strategic Non-Medical Solution ($839,608, 1 plans), Pacific Resources Benefits Adv, LLC ($550,000, 1 plans), Pacific Resources BNFT Adv LLC ($187,092, 1 plans). By medical premium, the largest carriers are Blue Cross and Blue Shield of Minnesota and Blue Plus, Medica Insurance Company, Unitedhealthcare Insurance Company.
Are Brooklyn Park employer health plans self-funded or fully insured?
Of 18 Brooklyn Park employer plans, 5 are fully insured, 8 are self-funded and 5 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 Minnesota
Is your company on this page? Get its Form 5500 read next to the Brooklyn Park, Minnesota 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.