Minnetonka, Minnesota employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
32 employers in Minnetonka, Minnesota filed health plans with 100 or more participants for plan year 2024, covering 226,627 participants. They reported $1.5M in insurance premiums and $3.7M in broker commissions and fees. Against 2023, premiums were up 32.2% and broker pay rose 0.7%.
Funding: 10 fully insured · 10 self-funded · 12 mixed. 22 of 32 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Minnetonka
Minnetonka employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Old Republic National Title Holding Company | $1,048,318 | $1,331,843 | 9,093 | The Hays Benefits Group, LLC |
| The Waters Senior Living Management, LLC | $368,005 | $83,552 | 588 | Hays Companies |
| Digital River, Inc. | $96,502 | $135,678 | 222 | Mercer |
| Unitedhealth Group Incorporated | $0 | $348,772 | 203,215 | American Benefits & Comp Systems |
| New Perspective Senior Living | $0 | $90,945 | 2,296 | National Enrollment Partners |
| CWT US, LLC | $0 | $118,057 | 1,842 | Willis Towers Watson |
| Westwood Professional Services, Inc | $0 | $115,192 | 1,640 | USI Insurance Services |
| FPH Mag Management, LLC | $0 | $158,722 | 1,329 | Marsh McLennan Agency |
| BBQ Holdings, Inc. | $0 | $53,896 | 713 | Hays Companies |
| Culligan Soft Water Service Company | $0 | $13,153 | 594 | Hays Companies |
| Industrial Inspection & Analysis, Inc. | $0 | $183,289 | 574 | Burnham Benefits |
| One10, LLC | $0 | $48,560 | 465 | McGohan/Brabender Agency, Inc. |
| Accra Care & Affiliates | $0 | $137,524 | 425 | USI Insurance Services |
| Minnwest Corporation | $0 | $36,751 | 385 | The KNW Group LLC |
| Minnesota Autism Center | $0 | $77,895 | 356 | Franxcis Stichter |
| Opus Holding, L.L.C. | $0 | $29,471 | 322 | Marsh McLennan Agency |
| Rainbow Tree Company | $0 | $46,843 | 270 | Hays Companies |
| Opportunity Partners Inc. | $0 | $62,302 | 268 | Willis Towers Watson |
| ST. David's Center for Child & Family Development | $0 | $67,716 | 241 | Marsh McLennan Agency |
| Canon Medical Informatics, Inc. | $0 | $10,281 | 196 | USI Insurance Services |
| Applied Products Inc | $0 | $95,033 | 189 | Brown & Brown |
| Metropolitan Corp. | $0 | $24,429 | 169 | North Risk Partners, LLC |
| Bebright MSO, LLC | $0 | $73,989 | 147 | Alliant Insurance Services |
| US Internet Corp. | $0 | $54,409 | 133 | USI Insurance Services |
| The Moscoe Group | $0 | $71,665 | 133 | Dattilo Consulting, Inc. |
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 Minnetonka employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| The Hays Group Inc | $752,372 | 1 |
| Hays Companies | $626,749 | 8 |
| American Benefits & Comp Systems | $348,496 | 1 |
| USI Insurance Services | $347,296 | 6 |
| Brown & Brown | $329,901 | 8 |
| Marsh McLennan Agency | $253,167 | 3 |
| Burnham Benefits | $183,289 | 1 |
| Willis Towers Watson | $179,457 | 2 |
| Mercer | $135,955 | 2 |
| Dattilo Consulting, Inc. | $108,806 | 2 |
Largest medical carriers
Medical premium written for these employers.
Minnetonka 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.
| Minnetonka | Minnesota | United States | |
|---|---|---|---|
| Employer plans | 32 | 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 | $67,576 | $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, 34 Minnetonka employers reported $1.1M in premiums and $3.7M in broker pay for 217,980 participants; in 2024 it was $1.5M and $3.7M for 226,627 participants (premiums +32.2%, broker pay +0.7%).
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 Minnetonka employers pay health insurance brokers?
32 Minnetonka employers reported $3,749,691 in broker commissions and fees on their 2024 Form 5500 filings, 32 of them disclosing at least some compensation. Too few fully insured medical plans in Minnetonka 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 Minnetonka employer that disclosed broker pay reported $67,576.
Which Minnetonka employers have the largest health plans?
By insurance premium reported for 2024, Old Republic National Title Holding Company ($1.0M), The Waters Senior Living Management, LLC ($368,005), Digital River, Inc. ($96,502) lead. 25 Minnetonka employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Minnetonka?
By compensation reported by Minnetonka employers, the largest brokers are The Hays Group Inc ($752,372, 1 plans), Hays Companies ($626,749, 8 plans), American Benefits & Comp Systems ($348,496, 1 plans). By medical premium, the largest carriers are Medica Insurance Company, Cigna Health and Life Insurance Company, Blue Cross and Blue Shield of Minnesota and Blue Plus.
Are Minnetonka employer health plans self-funded or fully insured?
Of 32 Minnetonka employer plans, 10 are fully insured, 10 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 Minnesota
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