Fairfield, New Jersey employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
21 employers in Fairfield, New Jersey filed health plans with 100 or more participants for plan year 2024, covering 7,777 participants. They reported $955,795 in insurance premiums and $2.0M in broker commissions and fees. Against 2023, premiums were down 40.1% and broker pay fell 15.7%.
Funding: 6 fully insured · 10 self-funded · 5 mixed. 15 of 21 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Fairfield
Fairfield employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Spectrum Automotive Holdings LLC | $437,417 | $208,073 | 725 | NFP |
| Elo Inc Gramon School | $223,049 | $217,706 | 336 | Acrisure |
| Wallpaper Imports, Inc. | $122,882 | $5,423 | 212 | USI Insurance Services |
| The Pomptonian | $95,472 | $79,225 | 191 | Brown & Brown |
| Consumer Product Testing Co., Inc. | $76,975 | $107,925 | 132 | Ap Benefit Advisors LLC d/b/a Assur |
| Kyocera Document Solutions America, Inc. | $0 | $135,002 | 1,319 | Gis Benefits Inc. |
| New Jersey B.A.C. Health Fund | $0 | $58,199 | 748 | The Segal Company Inc. |
| Kearny Bank | $0 | $446,792 | 650 | Bankers Cooperative Group, Inc. |
| 1111 Systems Inc | $0 | $85,942 | 500 | Marsh McLennan Agency |
| Arthur Schuman Inc. | $0 | $208,436 | 428 | Mercer |
| Acuative Corporation | $0 | — | 343 | — |
| Infucare RX, Inc. | $0 | $69,692 | 314 | New York Life Agents of Record |
| Fleetwash Inc | $0 | $55,540 | 312 | Keith |
| Polish and Slavic Federal Credit Union | $0 | $91,081 | 286 | Acrisure |
| A-V Services, Inc | $0 | $40,749 | 283 | Robert D Shaara |
| Protech Powder Coatings Inc. | $0 | $17,736 | 225 | Brown & Brown |
| Kent International, Inc. | $0 | $34,359 | 195 | The Hilb Group of South Carolina |
| Woodmont Properties LLC | $0 | $16,538 | 175 | Conner Strong & Buckelew |
| Suburban Disposal | $0 | — | 151 | — |
| Ned Stevens Gutter Cleaning | $0 | $70,807 | 134 | EPIC Insurance Brokers |
| New Jersey Respiratory Associates | $0 | $58,895 | 118 | Martin Insurance Group |
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 Fairfield employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Acrisure | $273,768 | 3 |
| Bankers Cooperative Group, Inc. | $243,117 | 1 |
| Mercer | $208,436 | 1 |
| Donald C Savoy Inc | $203,675 | 1 |
| NFP | $137,115 | 1 |
| Brown & Brown | $88,438 | 2 |
| Gis Benefits Inc | $80,019 | 1 |
| EPIC Insurance Brokers | $74,834 | 2 |
| Conner Strong & Buckelew | $68,718 | 2 |
| Marsh McLennan Agency | $63,187 | 1 |
Largest medical carriers
Medical premium written for these employers.
Fairfield 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.
| Fairfield | New Jersey | United States | |
|---|---|---|---|
| Employer plans | 21 | 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 | $70,807 | $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, 24 Fairfield employers reported $1.6M in premiums and $2.4M in broker pay for 7,161 participants; in 2024 it was $955,795 and $2.0M for 7,777 participants (premiums −40.1%, broker pay −15.7%).
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 Fairfield employers pay health insurance brokers?
21 Fairfield employers reported $2,008,120 in broker commissions and fees on their 2024 Form 5500 filings, 19 of them disclosing at least some compensation. Too few fully insured medical plans in Fairfield 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 Fairfield employer that disclosed broker pay reported $70,807.
Which Fairfield employers have the largest health plans?
By insurance premium reported for 2024, Spectrum Automotive Holdings LLC ($437,417), Elo Inc Gramon School ($223,049), Wallpaper Imports, Inc. ($122,882) lead. 21 Fairfield employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Fairfield?
By compensation reported by Fairfield employers, the largest brokers are Acrisure ($273,768, 3 plans), Bankers Cooperative Group, Inc. ($243,117, 1 plans), Mercer ($208,436, 1 plans). By medical premium, the largest carriers are Kaiser Foundation Health Plan, Inc., Reliance Standard Life Insurance Company, Aetna Life Insurance Company.
Are Fairfield employer health plans self-funded or fully insured?
Of 21 Fairfield employer plans, 6 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 New Jersey
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