BenefitsLedger
City · Plan year 2024 · Form 5500

Greensboro, North Carolina employer health plans: what they cost and who gets paid

Updated plan year 2024, the most recent complete year

101 employers in Greensboro, North Carolina filed health plans with 100 or more participants for plan year 2024, covering 78,729 participants. They reported $20M in insurance premiums and $11M in broker commissions and fees. Against 2023, premiums were up 0.6% and broker pay rose 4.9%.

Employer plans
101
78,729 participants
Premiums
$20M
+0.6% vs 2023
Broker pay
$11M
+4.9% vs 2023 · 99 disclosed
Median rate
n/a
too few insured medical plans

Funding: 16 fully insured · 52 self-funded · 33 mixed. 85 of 101 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Greensboro

Greensboro employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.

EmployerPremiumsBroker payParticipantsTop broker
Volvo Group North America LLC$14,622,049$378,34812,343Mercer
Haeco Americas LLC$1,641,591$247,7192,069Gallagher
Syngenta Crop Protection, Inc.$900,502$24,1524,854Mercer
Hawthorne Residential Partners, LLC$448,302$259,8831,174Wendy B Pace
Cross Technologies, Inc.$407,538$173,690687James A. Scott & Son Inc.
Tanger Properties Limited Partnership$330,930$107,385383USI Insurance Services
Authoracare Collective$242,425$135,275384Marsh McLennan Agency
Well-Spring Services, Inc.$203,163$57,534440James A. Scott & Son, Inc
Unifi, Inc.$157,994$239,9231,903Marsh McLennan Agency
Zim Aircraft Cabin Solutions$134,877$31,886342Gallagher
Vizo Financial Corporate Credit Union$120,878$17,139156Lockton
Iqe, Inc.$120,684$31,381158Mercer
Cogent Analytics, Inc.$94,426$20,860116Ibenefit Communications LLC
Diagnostic Radiology & Imaging, LLC$88,469$56,638129Marsh McLennan Agency
CR Legal Team, LLP$75,413$13,762187Gallagher
Berico Fuels, Inc.$56,605$27,129116Marsh McLennan Agency
Caffey Distributing Company, Inc$4,610$21,502169James a Scott & Son Inc
The Moses H. Cone Memorial Hospital Operating Corporation$0$1,409,52711,307Marsh McLennan Agency
The Fresh Market, Inc.$0$647,9564,922Plansource Benefits Admin., Inc.
Qorvo US, Inc.$0$554,2204,261USI Insurance Services
Kontoor Brands, Inc.$0$336,7822,497Gallagher
Bell Partners Inc.$0$246,5982,007Gallagher
Itg Brands, LLC$0$84,4791,974Willis Towers Watson
Columbia Forest Products, Inc.$0$29,3791,680Mercer
Epes Transport Systems, LLC$0$406,0061,504Ibenefit Communication LLC

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 Greensboro employers, with the number of employer plans naming each broker.

BrokerCommissions + feesPlans
Marsh McLennan Agency$3,818,87541
USI Insurance Services$846,4047
Gallagher$825,7359
James a Scott & Son Inc$512,51413
Plansource Benefits Admin., Inc.$468,3373
Mercer$462,6525
Lockton$397,8575
HUB International$305,4485
Ibenefit Communication, LLC$240,4022
Wendy B Pace$229,9902

Largest medical carriers

Medical premium written for these employers.

Greensboro 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.

GreensboroNorth CarolinaUnited States
Employer plans1011,58758,547
Median commission raten/a4.5%3.8%
Middle half of ratesn/a2.8% – 7.0%2.7% – 5.0%
Median broker pay per employer$62,367$64,516$72,628
Medical premium per covered personn/a$5,949$7,274
Plans reporting no commission012933

Year over year. In plan year 2023, 97 Greensboro employers reported $20M in premiums and $11M in broker pay for 76,451 participants; in 2024 it was $20M and $11M for 78,729 participants (premiums +0.6%, broker pay +4.9%).

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 Greensboro employers pay health insurance brokers?

101 Greensboro employers reported $11,129,726 in broker commissions and fees on their 2024 Form 5500 filings, 99 of them disclosing at least some compensation. Too few fully insured medical plans in Greensboro 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 Greensboro employer that disclosed broker pay reported $62,367.

Which Greensboro employers have the largest health plans?

By insurance premium reported for 2024, Volvo Group North America LLC ($15M), Haeco Americas LLC ($1.6M), Syngenta Crop Protection, Inc. ($900,502) lead. 25 Greensboro employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Greensboro?

By compensation reported by Greensboro employers, the largest brokers are Marsh McLennan Agency ($3.8M, 41 plans), USI Insurance Services ($846,404, 7 plans), Gallagher ($825,735, 9 plans). By medical premium, the largest carriers are Unitedhealthcare Insurance Company, Cigna Health and Life Insurance Company, Blue Cross and Blue Shield of North Carolina.

Are Greensboro employer health plans self-funded or fully insured?

Of 101 Greensboro employer plans, 16 are fully insured, 52 are self-funded and 33 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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