Plymouth, Minnesota employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
42 employers in Plymouth, Minnesota filed health plans with 100 or more participants for plan year 2024, covering 19,861 participants. They reported $1.1M in insurance premiums and $3.2M in broker commissions and fees. Against 2023, premiums were down 0.5% and broker pay rose 10.0%.
Funding: 10 fully insured · 19 self-funded · 13 mixed. 32 of 42 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Plymouth
Plymouth employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| The Tile Shop, LLC | $524,468 | $71,723 | 1,086 | Gallagher |
| North Risk Partners, LLC | $375,026 | $83,681 | 417 | North Risk Partners LLC |
| Legacy Restoration, LLC | $158,606 | $162,394 | 326 | Lockton |
| Nationwide Fixture Installations, Inc. | $70,440 | $82,739 | 140 | USI Insurance Services |
| Intact Services USA LLC | $0 | $216,147 | 2,393 | HUB International |
| New Horizon Kids Quest, Inc. | $0 | $44,104 | 1,860 | Brown & Brown |
| Wealth Enhancement Group | $0 | $501,461 | 1,244 | Marsh McLennan Agency |
| Dominium Management Services, LLC | $0 | $138,310 | 1,235 | Marsh McLennan Agency |
| Nexus Family Healing | $0 | — | 1,095 | — |
| Banner Engineering Corp. | $0 | $100,382 | 1,050 | Gallagher |
| Twin City Fan Companies, LTD. | $0 | $46,821 | 907 | Lockton |
| Great Lakes Management Company | $0 | $143,074 | 635 | Brown & Brown |
| Griffiths Corporation | $0 | $43,946 | 595 | Gallagher |
| Trustone Financial Credit Union | $0 | $79,477 | 570 | USI Insurance Services |
| Buhler, Inc. | $0 | $48,238 | 547 | Aon |
| Turck Inc. | $0 | $29,298 | 391 | Gallagher |
| Metropolitan Anesthesia Network | $0 | $125,099 | 380 | Brown & Brown |
| Everidge | $0 | $10,861 | 374 | USI Insurance Services |
| Crystal Distribution, Inc | $0 | $38,470 | 360 | 20/20 Advisor Group LLC |
| Wagner Spray Tech Corporation | $0 | $142,649 | 342 | OneDigital |
| Roers Companies LLC | $0 | $87,100 | 254 | NFP |
| J&E Manufacturing, Inc. | $0 | $40,771 | 247 | GCG Financial, LLC |
| Promed Molded Products, Inc | $0 | $37,455 | 244 | Gallagher |
| Nuaire Inc | $0 | $15,985 | 243 | The KNW Group LLC |
| Vaa, LLC. | $0 | $8,938 | 237 | Gallagher |
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 Plymouth employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Marsh McLennan Agency | $894,710 | 7 |
| NFP | $305,893 | 7 |
| Brown & Brown | $282,389 | 5 |
| Gallagher | $280,510 | 6 |
| HUB International | $191,022 | 1 |
| USI Insurance Services | $167,249 | 5 |
| Lockton | $151,061 | 2 |
| OneDigital | $142,649 | 1 |
| North Risk Partners LLC | $115,780 | 2 |
| Ross Nexbit Agency, Inc. | $105,331 | 1 |
Largest medical carriers
Medical premium written for these employers.
Plymouth 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.
| Plymouth | Minnesota | United States | |
|---|---|---|---|
| Employer plans | 42 | 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 | $71,572 | $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, 43 Plymouth employers reported $1.1M in premiums and $2.9M in broker pay for 19,657 participants; in 2024 it was $1.1M and $3.2M for 19,861 participants (premiums −0.5%, broker pay +10.0%).
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 Plymouth employers pay health insurance brokers?
42 Plymouth employers reported $3,224,728 in broker commissions and fees on their 2024 Form 5500 filings, 40 of them disclosing at least some compensation. Too few fully insured medical plans in Plymouth 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 Plymouth employer that disclosed broker pay reported $71,572.
Which Plymouth employers have the largest health plans?
By insurance premium reported for 2024, The Tile Shop, LLC ($524,468), North Risk Partners, LLC ($375,026), Legacy Restoration, LLC ($158,606) lead. 25 Plymouth employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Plymouth?
By compensation reported by Plymouth employers, the largest brokers are Marsh McLennan Agency ($894,710, 7 plans), NFP ($305,893, 7 plans), Brown & Brown ($282,389, 5 plans). By medical premium, the largest carriers are Healthpartners Administrators, Inc, Healthpartners Insurance Company, Continental American Insurance Company.
Are Plymouth employer health plans self-funded or fully insured?
Of 42 Plymouth employer plans, 10 are fully insured, 19 are self-funded and 13 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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