Edina, Minnesota employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
27 employers in Edina, Minnesota filed health plans with 100 or more participants for plan year 2024, covering 41,970 participants. They reported $275,947 in insurance premiums and $3.2M in broker commissions and fees. Against 2023, premiums were down 31.7% and broker pay rose 11.6%.
Funding: 4 fully insured · 12 self-funded · 11 mixed. 23 of 27 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Edina
Edina employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| 5812 Investment Group, LLC | $131,894 | $176,243 | 329 | USI Insurance Services |
| Osp, LP | $87,425 | $35,598 | 206 | USI Insurance Services |
| Parasole Restaurant Holdings, Inc. | $56,628 | $8,591 | 175 | CBIZ |
| National Mentor Holdings, LLC | $0 | $1,365,455 | 30,252 | Willis Towers Watson |
| Ebenezer Society | $0 | $24,890 | 2,746 | Willis Towers Watson |
| Cassia | $0 | $265,466 | 2,286 | USI Insurance Services |
| Amesbury Industries, Inc. | $0 | $164,441 | 1,248 | Marsh McLennan Agency |
| Employer Solutions Staffing Group | $0 | — | 690 | — |
| Western National Mutual Insurance Company | $0 | $262,140 | 662 | Marsh McLennan Agency |
| Evereve | $0 | $143,985 | 444 | USI Insurance Services |
| Lund Food Holdings, Inc. | $0 | $14,487 | 398 | USI Insurance Services |
| Jerry's Enterprises, Inc. | $0 | $22,718 | 309 | Gallagher |
| Premier Obgyn of Minnesota, PA | $0 | $20,370 | 263 | USI Insurance Services |
| BMS Intermediaries, Inc. | $0 | $62,538 | 213 | Marsh McLennan Agency |
| Sierra Bravo Corporation | $0 | $4,332 | 170 | Brown & Brown |
| Andrew J. Will MD PA | $0 | $115,823 | 168 | USI Insurance Services |
| Doherty Staffing Solutions, Inc. | $0 | $37,082 | 161 | Benefit Guaranty LLC |
| Minneapolis Radiation Oncology Physicians, P.A. | $0 | $74,719 | 156 | USI Insurance Services |
| Edina Physicians & Surgeons, P.A. | $0 | $20,079 | 151 | Marsh McLennan Agency |
| United Sugar Producers and Refiners Cooperative | $0 | $16,414 | 130 | Brown & Brown |
| Tradition Capital Bank | $0 | $65,298 | 127 | Marsh McLennan Agency |
| Kowalski Companies, Inc. | $0 | $74,265 | 119 | USI Insurance Services |
| Southdale Pediatric Associates, LTD. | $0 | $31,736 | 117 | Scott Benjamin |
| Employer Solutions Group | $0 | $52,906 | 115 | HUB International |
| Hellmuth & Johnson | $0 | $64,648 | 113 | Hays Companies |
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 Edina employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Willis Towers Watson | $1,391,722 | 3 |
| USI Insurance Services | $902,083 | 11 |
| Marsh McLennan Agency | $583,632 | 7 |
| HUB International | $52,906 | 1 |
| Hays Companies | $42,885 | 3 |
| Benefit Guaranty LLC | $33,523 | 1 |
| Brown & Brown | $32,772 | 3 |
| Scott Benjamin | $31,736 | 1 |
| Gallagher | $22,718 | 1 |
| Gis Benefits Inc | $10,764 | 2 |
Largest medical carriers
Medical premium written for these employers.
Edina 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.
| Edina | Minnesota | United States | |
|---|---|---|---|
| Employer plans | 27 | 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 | $57,722 | $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, 32 Edina employers reported $404,186 in premiums and $2.9M in broker pay for 47,759 participants; in 2024 it was $275,947 and $3.2M for 41,970 participants (premiums −31.7%, broker pay +11.6%).
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 Edina employers pay health insurance brokers?
27 Edina employers reported $3,217,270 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 Edina 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 Edina employer that disclosed broker pay reported $57,722.
Which Edina employers have the largest health plans?
By insurance premium reported for 2024, 5812 Investment Group, LLC ($131,894), Osp, LP ($87,425), Parasole Restaurant Holdings, Inc. ($56,628) lead. 25 Edina employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Edina?
By compensation reported by Edina employers, the largest brokers are Willis Towers Watson ($1.4M, 3 plans), USI Insurance Services ($902,083, 11 plans), Marsh McLennan Agency ($583,632, 7 plans). By medical premium, the largest carriers are Transamerica Life Insurance Company, Blue Cross and Blue Shield of Minnesota and Blue Plus, Benchmark Insurance Company.
Are Edina employer health plans self-funded or fully insured?
Of 27 Edina employer plans, 4 are fully insured, 12 are self-funded and 11 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
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