Clifton, New Jersey employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
15 employers in Clifton, New Jersey filed health plans with 100 or more participants for plan year 2024, covering 22,857 participants. They reported $0 in insurance premiums and $1.4M in broker commissions and fees. Against 2023, premiums were unchanged and broker pay rose 89.8%.
Funding: 6 fully insured · 5 self-funded · 4 mixed. 9 of 15 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Clifton
Clifton employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Trustees Local 1262 and Shoprite Welfare Fund | $0 | $28,398 | 11,078 | Horizon Insurance Company |
| Local 1158 Welfare Plan Fund | $0 | $1,400 | 4,117 | Sabato Financial, LLC |
| Trustees UFCW L 1262 & Emp H&W FD | $0 | $13,512 | 3,326 | Horizon Insurance Company |
| BD of Trustees Bctgm Local 53 Health Benefits Fund | $0 | $417,451 | 1,685 | Acrisure |
| Benecard Services, Inc | $0 | $194,014 | 574 | American Insurance Administrators |
| Jimmy's Gourmet Bakery, LLC | $0 | $23,355 | 306 | Acrisure |
| Tristrux LLC | $0 | $147,975 | 295 | USI Insurance Services |
| Sandy Alexander, Inc. | $0 | $80,942 | 260 | USI Insurance Services |
| Classlink, Inc. | $0 | $141,955 | 220 | Centerstone Insurance Financial |
| Challenge Printing Co., Inc. | $0 | $10,578 | 200 | James F Harkins |
| Spruce Technology, Inc. | $0 | $132,365 | 196 | Centerstone Ins & FNCL SVCS LLC |
| Atlantic Casting & Engineering Corporation | $0 | $60,797 | 183 | Savoy Associates (2) |
| North Jersey Elks Developmental Disabilities Agency | $0 | $66,286 | 145 | Acrisure |
| Payrolling Partners Inc. | $0 | $17,565 | 138 | Red Gate Group, LLC |
| Prestige Healthcare Group LLC | $0 | $34,627 | 134 | Corporate Synergies |
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 Clifton employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Acrisure | $488,115 | 3 |
| USI Insurance Services | $228,917 | 2 |
| Centerstone Ins & FNCL SVCS | $122,611 | 1 |
| Centerstone Insurance and Financial | $117,920 | 2 |
| American Insurance Administrators | $95,000 | 1 |
| Horizon Insurance Company | $50,972 | 4 |
| Corporate Synergies | $29,049 | 1 |
| Savoy Associates (2) | $25,798 | 1 |
| Risk Placement Services Inc | $25,563 | 1 |
| Gallagher | $24,339 | 1 |
Largest medical carriers
Medical premium written for these employers.
Clifton against New Jersey 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.
| Clifton | New Jersey | United States | |
|---|---|---|---|
| Employer plans | 15 | 1,521 | 58,547 |
| Median commission rate | n/a | 5.4% | 3.8% |
| Middle half of rates | n/a | 2.7% – 7.3% | 2.7% – 5.0% |
| Median broker pay per employer | $60,797 | $79,574 | $72,628 |
| Medical premium per covered person | n/a | $7,942 | $7,274 |
| Plans reporting no commission | 0 | 15 | 933 |
Year over year. In plan year 2023, 12 Clifton employers reported $0 in premiums and $722,538 in broker pay for 20,211 participants; in 2024 it was $0 and $1.4M for 22,857 participants (broker pay +89.8%).
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 Clifton employers pay health insurance brokers?
15 Clifton employers reported $1,371,220 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 Clifton reported premium to compute a stable commission rate; the New Jersey median is 5.4% and the U.S. median is 3.8%. In dollars, the median Clifton employer that disclosed broker pay reported $60,797.
Which Clifton employers have the largest health plans?
By insurance premium reported for 2024, Trustees Local 1262 and Shoprite Welfare Fund ($0), Local 1158 Welfare Plan Fund ($0), Trustees UFCW L 1262 & Emp H&W FD ($0) lead. 15 Clifton employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Clifton?
By compensation reported by Clifton employers, the largest brokers are Acrisure ($488,115, 3 plans), USI Insurance Services ($228,917, 2 plans), Centerstone Ins & FNCL SVCS ($122,611, 1 plans). By medical premium, the largest carriers are Unitedhealthcare Insurance Company, Kaiser Foundation Health Plan, Inc., Horizon Healthcare Services, Inc..
Are Clifton employer health plans self-funded or fully insured?
Of 15 Clifton employer plans, 6 are fully insured, 5 are self-funded and 4 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 New Jersey
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