Concord, North Carolina employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
17 employers in Concord, North Carolina filed health plans with 100 or more participants for plan year 2024, covering 6,319 participants. They reported $104,507 in insurance premiums and $1.1M in broker commissions and fees. Against 2023, premiums were down 98.4% and broker pay fell 0.3%.
Funding: 2 fully insured · 10 self-funded · 5 mixed. 15 of 17 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Concord
Concord employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Acn, Inc. | $104,507 | — | 130 | — |
| Shoe Show, Inc. | $0 | $7,795 | 3,257 | Piedmont Insurance Group |
| DNP Imagingcomm America Corporation | $0 | $79,974 | 536 | USI Insurance Services |
| Bonitz, Inc. | $0 | $83,514 | 328 | James a Scott Son, Inc. |
| Extended Care Specialists, Inc. | $0 | $62,493 | 289 | Marsh McLennan Agency |
| Instride Foot and Ankle Specialists, PLLC | $0 | $67,917 | 230 | Drew M Lamb |
| Cannon School Inc | $0 | $59,505 | 199 | Ryan Wilcox |
| Rhino Assembly Company | $0 | $119,659 | 160 | John N Arminio |
| Superior Industrial Maintenance Company LLC | $0 | $92,956 | 159 | Alliant Insurance Services |
| Niles Management Group LLC dba Marburger Automotive Group | $0 | $73,169 | 153 | Gallagher |
| Roush Fenway Keselowski Racing, LLC | $0 | $11,299 | 150 | Lockton |
| Cabarrus Rowan Community Health Centers, Inc. | $0 | $60,504 | 149 | Brian Burchfield |
| Carpenter Industries Inc. | $0 | $66,549 | 132 | Steven L Harwell |
| Oiles America Corporation | $0 | $83,734 | 130 | A. Huckabee |
| Quan Services, Inc. | $0 | — | 117 | — |
| Eventus Wholehealth, PLLC | $0 | $98,995 | 100 | Marsh McLennan Agency |
| Eventus Wholehealth Management, LLC | $0 | $98,995 | 100 | 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 Concord employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Marsh McLennan Agency | $237,845 | 6 |
| Gis Benefits Inc | $86,201 | 4 |
| James a Scott & Son Inc | $83,514 | 1 |
| John N Arminio | $80,369 | 1 |
| USI Insurance Services | $78,911 | 1 |
| Alliant Insurance Services | $74,514 | 1 |
| A. Huckabee | $65,419 | 1 |
| Gallagher | $65,117 | 1 |
| Steven L Harwell | $63,304 | 1 |
| Ryan Wilcox | $49,219 | 1 |
Largest medical carriers
Medical premium written for these employers.
Concord against North Carolina 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.
| Concord | North Carolina | United States | |
|---|---|---|---|
| Employer plans | 17 | 1,587 | 58,547 |
| Median commission rate | n/a | 4.5% | 3.8% |
| Middle half of rates | n/a | 2.8% – 7.0% | 2.7% – 5.0% |
| Median broker pay per employer | $73,169 | $64,516 | $72,628 |
| Medical premium per covered person | n/a | $5,949 | $7,274 |
| Plans reporting no commission | 0 | 12 | 933 |
Year over year. In plan year 2023, 18 Concord employers reported $6.5M in premiums and $1.1M in broker pay for 12,316 participants; in 2024 it was $104,507 and $1.1M for 6,319 participants (premiums −98.4%, broker pay −0.3%).
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 Concord employers pay health insurance brokers?
17 Concord employers reported $1,067,058 in broker commissions and fees on their 2024 Form 5500 filings, 15 of them disclosing at least some compensation. Too few fully insured medical plans in Concord reported premium to compute a stable commission rate; the North Carolina median is 4.5% and the U.S. median is 3.8%. In dollars, the median Concord employer that disclosed broker pay reported $73,169.
Which Concord employers have the largest health plans?
By insurance premium reported for 2024, Acn, Inc. ($104,507), Shoe Show, Inc. ($0), DNP Imagingcomm America Corporation ($0) lead. 17 Concord employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Concord?
By compensation reported by Concord employers, the largest brokers are Marsh McLennan Agency ($237,845, 6 plans), Gis Benefits Inc ($86,201, 4 plans), James a Scott & Son Inc ($83,514, 1 plans). By medical premium, the largest carriers are Blue Cross and Blue Shield of North Carolina, Unitedhealthcare Insurance Company, Aetna Life Insurance Company.
Are Concord employer health plans self-funded or fully insured?
Of 17 Concord employer plans, 2 are fully insured, 10 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 North Carolina
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